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Romania delays adoption of energy and climate plan, casts doubt on renewable targets

The Romanian government will neither adopt its National Integrated Energy and Climate Change Plan before the expected 30 June deadline nor will the country meet the EU’s renewable energy targets, an energy ministry official said on Thursday.

read more... 15/03/2024

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Germany aims to build fusion power plant

A new funding programme for nuclear fusion research has been announced by Germany's Federal Research Minister Bettina Stark-Watzinger aimed at paving the way for the first fusion power plant to be constructed in Germany by 2040.

read more... 15/03/2024

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UK offers cash bonuses for green wind investments

The UK Government plans to encourage offshore wind companies to cut their carbon footprint by providing extra payments in Allocation Round 7 of the Contracts for Difference scheme, scheduled to launch in 2025

read more... 15/03/2024

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Germany approves gas deal with Italy, Switzerland

Germany’s cabinet on Wednesday approved a trilateral “solidarity” agreement with Italy and Switzerland, through which the nations agreed to support each other during a potential gas supply crisis.

read more... 14/03/2024

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Daily (14.03.2024): European carbon prices resumed their decline on Wednesday as investment funds cut short positions less than anticipated

Oil prices rose sharply on Wednesday, boosted by strikes on Russian refineries and a larger-than-expected drop in US crude and gasoline inventories. As a result, the Brent crude oil stood slightly above $84 a barrel, while WTI crude settled at $79.72 a barrel.

read more... 14/03/2024

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