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German coalition agrees financing details of hydrogen network

Germany's ruling coalition on Friday agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy.

read more... 08/04/2024

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Serbia adopts MoU with EDF on energy cooperation

Serbia's government adopted a Memorandum of Understanding (MoU) with French state-owned energy giant Electricite de France (EDF) on long-term cooperation in the field of energy transition and low-carbon technology, the energy ministry said on Friday.

read more... 08/04/2024

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UK considers first advanced nuclear design in a decade

The Nuclear Industry Association has submitted a proposal for regulatory consideration of newcleo’s lead-cooled fast reactor, marking the first application for justification of advanced nuclear technology in the UK.

read more... 08/04/2024

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Daily (05.04.2024): Oil prices hit their highest level since October on Thursday amid escalated geopolitical tensions and supply constraints

Oil prices surged on Thursday, reaching their highest level since October amid heightened geopolitical tensions in Ukraine and the Middle East, as well as continuously tighter supply. As a result, Brent crude closed at $90.65 a barrel, while WTI crude reached $86.59 a barrel, with both contracts climbing by 1.4% day-on-day.

read more... 05/04/2024

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Europe’s industry and power sector emissions plunge 15% in 2023

The EU’s emissions trading scheme sectors, industry and power, saw emissions drop by 15% in 2023, putting them on track for their 2030 targets, but experts question whether this was because of – or despite – Europe’s carbon trading framework.

read more... 05/04/2024

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