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Europe’s industry and power sector emissions plunge 15% in 2023
The EU’s emissions trading scheme sectors, industry and power, saw emissions drop by 15% in 2023, putting them on track for their 2030 targets, but experts question whether this was because of – or despite – Europe’s carbon trading framework.
read more... 05/04/2024
The cost of Europe’s new nuclear power plants
An alliance of 14 pro-nuclear EU member states said the EU needs an additional 50 GW of nuclear power by 2050 to meet energy transition targets, requiring the construction of more than 30 new reactors.
read more... 05/04/2024
Germany shuts down 15 coal-fired power plants
Germany shut down 15 coal-fired power plants over Easter to ensure that the country would meet its climate neutrality targets, with Economy Minister Robert Habeck saying that the plants were “neither necessary nor economical”.
read more... 02/04/2024
Daily (29.03.2024): Oil prices climbed by about 2% on Thursday ahead of a long Easter weekendamid geopolitical tensions and supply concerns
On Thursday, oil prices increased ahead of a long weekend during which many markets will be closed. The rise was attributed to concerns about potential supply shortages from various regions around the world due to geopolitical tensions. Consequently, Brent crude rebounded by 1.6% to settle at $87.48 a barrel, while WTI crude stood at $83.17 a barrel, climbing by 2.2% day-on-day.
read more... 29/03/2024
France must not cave to Brussels on renewables
France should continue refusing to include renewable targets in its energy-climate plan, which will be submitted to the European Commission in June, the country’s former energy minister Agnès Pannier-Runacher said this week.
read more... 29/03/2024