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Funding issue may blow Italy’s offshore wind plans off course
“Offshore plants risk not being built” unless incentives recently outlined by the government were raised, said Simone Togni, president of wind association ANEV.
read more... 04/04/2024
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EU investigates Chinese bidders over Romania solar tender
The European Union has opened two investigations into whether two Chinese bidders benefited excessively from subsidies in their offers in a public tender for a solar power park in Romania, the European Commision said on Wednesday.
read more... 04/04/2024
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Dutch Senate delays Groningen gas field shutdown
The Dutch Senate has postponed a vote on a law to close permanently the Groningen gas field, angering the government that has said production would never resume because of the risk of earthquakes.
read more... 04/04/2024
Daily (03.04.2024): Supply concerns and the Middle-East conflict boosted oil prices on Tuesday
Oil prices surged to their highest level in five months on Tuesday amid worries about supply constraints. The surge was fuelled by fears of retaliatory actions from Iran following a fatal strike, attributed to Israel, on an Iranian diplomatic facility in Damascus. Brent crude rose by 2% to $88.92 a barrel, while WTI Crude posted a 2% decrease to $85.15 a barrel.
read more... 03/04/2024
EU approves €1 billion to fund Greece's renewable initiatives
The European Union has approved €1 billion in support for two renewable energy production and storage projects in Greece, the EU Commission announced on Tuesday.
read more... 03/04/2024