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Stellantis, Vulcan Energy to develop renewable energy assets in Germany
Automaker Stellantis has teamed up with lithium group Vulcan Energy Resources to develop geothermal energy projects in Germany to help decarbonise production of electric vehicles at Rüsselsheim, the two companies said on Tuesday.
read more... 18/01/2023
MEPs to vote on key ETS reforms in February
The European Parliament’s environment committee will possibly vote on key reforms of the EU ETS in February, with a parliamentary vote due in March, MEP Pieter Liese said on Thursday.
read more... 13/01/2023
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Germany targets variable customer power prices by 2025
German power suppliers may have to change their retail offers from 2025 as the government wants customers to benefit from adapting demand to high or low wholesale prices, the economy minister said on Wednesday.
read more... 12/01/2023
Daily (02.01.2023): European power prices fell on Friday amid surging wind generation and muted demand
Oil prices were bullish on Friday to end a volatile 2022, as Russia's war in Ukraine shook global markets, boosted global inflation, and fueled recession fears despite most economies emerging from coronavirus lockdowns. Consequently, Brent crude increased by 4.4% to $85.91 a barrel and WTI oil rose by 2.3% to $80.26 a barrel.
read more... 02/01/2023
UK government sets out detail of tax on electricity producers
Britain's finance ministry set out details on Tuesday of a temporary 45% tax on excess profits made by some electricity generating companies after Jan. 1.
read more... 21/12/2022