Latest news
Multinational consortium to build hydrogen hub in German port city
Agroup of seven German energy firms are collaborating to build 10GW of green hydrogen generation capacity by 2030. The deal aligns with Germany’s hydrogen targets for the same period.
read more... 26/04/2023
EU launches first cross-border renewables support scheme
The EU’s first cross-border renewables support scheme opened on Tuesday with a call for solar photovoltaic projects in Finland that will also help Luxembourg meet its renewable targets.
read more... 20/04/2023
G7 countries set targets for solar and wind capacity
Governments of G7 nations have pledged to collectively increase offshore wind capacity by 150GW and solar to more than 1TW by 2030.
read more... 18/04/2023
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Daily (17.04.2023): European forward electricity prices fell by 3% on Friday, in tandem with bearish gas, carbon markets
Crude oil prices rose slightly on Friday after the International Energy Agency (IEA) unveiled global demand will hit a record high this year on the back of a recovery in Chinese consumption. Hence, Brent crude rose by 0.3% to settle at $86.31 a barrel. U.S. WTI crude settled at $82.52 a barrel, gaining 0.4% day-on-day.
read more... 17/04/2023
Daily (11.04.2023): Crude oil prices retreated by 1% on Monday amid thin holiday trading
Crude oil prices retreated on Monday as markets cautiously reopened after the holiday weekend and session volumes stayed low due to the closed European markets. Hence, Brent crude declined by 1% compared with Thursday’s session to close at $84.18 a barrel. Meanwhile, U.S. WTI crude decreased by 1% to settle at $79.74 a barrel.
read more... 11/04/2023