Latest news
EU’s hydrogen economy struggles to pick up pace
Demand for renewable hydrogen in Europe is expected to hit 8.5 million tonnes by 2030, far below the EU’s planned 20 million tonnes, according to the industry, which calls for a shift in strategy to ramp up supply and demand.
read more... 07/09/2023
.jpg)
EU proposes permanent scheme for joint gas purchases
The European Commission has proposed making the EU's scheme for joint gas purchases permanent, after demand exceeded expectations in the policy's first tenders to seek non-Russian fuel, a document showed and officials told Reuters.
read more... 06/09/2023
.jpg)
Demand flexibility: a key challenge for EU electricity market reform
The massive development of intermittent renewable energies is set to dramatically increase the need for flexibility in the electricity grid, and market players want increased focus on demand management as a source of grid optimisation.
read more... 05/09/2023
Daily (04.09.2023): Oil prices surged to their highest levels since the beginning of the year, driven by a rebound in global demand and a tighter supply
On Friday, oil prices surged to their highest levels since January, driven by a rebound in global demand and tighter supply conditions. As a result, Brent crude climbed by about 2% to settle at $88.55 a barrel, while WTI crude soared by 2.3% at $85.55 a barrel.
read more... 04/09/2023
Daily (30.08.2023): Crude oil prices rose by over 1% on Tuesday amid weaker dollar and concerns over energy supply
On Tuesday, crude oil prices moved upwards on weaker dollar and worries about the possible effects on energy supply and demand due to Hurricane Idalia, which is expected to hit Florida this week. Hence, Brent crude and WTI crude edged 1.3% higher to settle at $85.49 a barrel and $81.16 a barrel, respectively.
read more... 30/08/2023