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UK extends windfall tax on oil, gas to 2029
The UK has extended a windfall tax on oil and gas companies operating in the country by a year to 2029, it said on Wednesday.
read more... 07/03/2024
Daily (06.03.2024): Carbon prices rose by 6% on Tuesday, reaching the biggest daily gain in 15 months
Oil prices saw a minor decrease due to low demand on Tuesday, despite potential supply interruptions stemming from the current political unrest in the Middle East. Brent crude fell by 1% to $82.04, and WTI Crude also dipped by around 1% to $78.15.
read more... 06/03/2024
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Germany’s gas tariff puts EU energy solidarity at risk
Germany’s levy on cross-border gas trading puts the EU’s energy solidarity at risk and hurts efforts to cut the bloc’s reliance on Russian gas, the bloc’s energy commissioner and deputy Czech PM told reporters on Monday (4 March) following a meeting of EU energy ministers.
read more... 06/03/2024
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Pro-nuclear countries back total opening up of EU funding for nuclear
Nuclear technologies should benefit from all types of EU funding, such as the European Investment Bank (EIB) and innovation funds, the French-led nuclear alliance, which now has 12 EU member states, said at its meeting on Monday (4 March).
read more... 06/03/2024
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Italy's green transition efforts held back by lack of big solar projects
Italy's energy transition is building on a myriad of solar panels mounted on roofs, but the country has installed far fewer large plants than its neighbours, data seen by Reuters show, signalling hurdles on Rome's path to decarbonisation.
read more... 06/03/2024