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Norway holds inaugural offshore wind auction amid uncertainty over bids
Norway holds its first auction on Monday for the right to build a commercial offshore wind farm, offering up to 1.5 gigawatt (GW) of capacity, although interest has ebbed amid high project costs and there is still a risk of no bids being made.
read more... 18/03/2024
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Austria brings in onshore wind reforms
The Austrian Government has introduced market premium regulation for onshore wind.
read more... 18/03/2024
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Poland to spend $16 billion on power grid by 2034
Poland's power grid operator PSE plans to spend 64 billion zloty ($16 billion) by 2034 to build new high-voltage power lines and connect planned renewable and nuclear capacity, as part of the country's drive to wean itself off coal.
read more... 18/03/2024
Daily (15.03.2024): Oil prices rose to four-month highs on Thursday amid supply shortage worries
Oil prices increased by about 2% on Thursday, hitting their highest level in four months, boosted by new forecasts from the International Energy Agency (IEA) warning of potential supply shortages until year-end. The EIA report also revealed a notable 5.7-million-barrel decrease in gasoline stocks, the steepest decline since early November. Thus, the Brent crude oil stood at $85.42 a barrel, while WTI crude settled at $81.26 a barrel.
read more... 15/03/2024
Romania delays adoption of energy and climate plan, casts doubt on renewable targets
The Romanian government will neither adopt its National Integrated Energy and Climate Change Plan before the expected 30 June deadline nor will the country meet the EU’s renewable energy targets, an energy ministry official said on Thursday.
read more... 15/03/2024