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Franco-German lawmakers want to revive energy cooperation between the EU powerhouses

The Franco-German parliamentary assembly is set to adopt a declaration advising Paris and Berlin to mend their differences in energy policy and begin moving on hydrogen and geothermal.

read more... 20/05/2024

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UK offshore wind investment to hit £15bn a year by 2030

A new report by Offshore Energies UK (OEUK) outlines significant opportunities and challenges for the expansion of offshore wind energy in the UK.

read more... 17/05/2024

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Daily (16.05.2024): European carbon prices fell on Wednesday amid persistent selling pressure and reduction in investment funds' short position

Wednesday saw an uptick in oil prices, propelled by renewed optimism regarding the potential for China's economic recovery to stimulate demand for the remainder of the year. Hence, Brent crude settled 0.5% up at $82.75 per barrel, while WTI crude stood at $78.63 per barrel, increasing by about 1% day-on-day.

read more... 16/05/2024

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Renewables: slow progress means France remains on collision course with EU Commission

France achieved a 22.2% share of renewable energy in its gross final energy consumption in 2023, according to the French Ecological Ministry figures from 7 May, but the trend is not sufficient for the country to reach a target of at least 44% renewable energy by 2030, as set by EU law.

read more... 15/05/2024

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EDF secures 'green' financing for extended operation of reactors

French utility EDF has signed green bank loans for a total amount of about EUR5.8 billion (USD6.3 billion), which will be used to finance the life extension of its existing nuclear power plant fleet in France.

read more... 15/05/2024

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