On Tuesday, oil prices were rather stable to bearish, driven by a sharp price decline in refined products, following the restart of refineries in the United States after a maintenance period. Brent crude decreased by 1% to $86.25 a barrel, while WTI Crude slipped by 0.4% to $81.62 a barrel.
read more... 27/03/2024
Seven lignite-fired power plant units with a combined generating capacity of 3.1 gigawatt will be shut down in Germany at the end of March after the plant’s planned decommissioning was postponed due to the 2022 energy crisis.
read more... 27/03/2024
A record 60% of Europe's electricity was powered by clean energy sources in the opening two months of 2024, driven by strong year-on-year growth in hydro, solar and wind generation and a rebound in nuclear power production.
read more... 27/03/2024
Romania is seeking to deploy ‘small modular reactor’ (SMR) technology as part of its drive to reduce greenhouse gas emissions and its energy minister Sebastian Burduja said this week that a final investment decision will be taken in 2025 for a new nuclear power plant in Doicești.
read more... 25/03/2024
The German Offshore Wind Energy Foundation said the government's decision to help fund the expansion of an offshore terminal is important to achieve expansion goals for wind energy at sea.
read more... 25/03/2024