Latest news
EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations
With climate change breathing down the world’s neck, the European Union (EU) is among those that have set the wheels in motion to pull out of the Energy Charter Treaty (ECT), as there is no end in sight for the protracted stalemate over revamping the multilateral treaty to make room for the pivot to low-carbon and clean energy by weaving renewables, hydrogen, and carbon capture, utilization, and storage (CCUS) into the treaty’s framework.
read more... 26/04/2024
EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations
With climate change breathing down the world’s neck, the European Union (EU) is among those that have set the wheels in motion to pull out of the Energy Charter Treaty (ECT), as there is no end in sight for the protracted stalemate over revamping the multilateral treaty to make room for the pivot to low-carbon and clean energy by weaving renewables, hydrogen, and carbon capture, utilization, and storage (CCUS) into the treaty’s framework.
read more... 26/04/2024
UK offshore wind industry unveils growth plan
The UK’s offshore wind sector is preparing for significant expansion with the introduction of an Industrial Growth Plan (IGP) by RenewableUK, the Offshore Wind Industry Council, and The Crown Estate.
read more... 19/04/2024
Daily (16.04.2024): Day ahead power contracts rocketed on Monday amid low renewables
Oil prices fell slightly on Monday as the Iranian attack on Israel appeared to be less destructive than anticipated. Brent crude decreased by 0.4% to $90.10 a barrel, while WTI crude experienced a 0.3% drop to settle at $85.41 a barrel.
read more... 16/04/2024
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EU approves €900 million French biomass scheme
The European Commission has approved a €900 million French scheme to support companies investing in the use of biomass and renewable hydrogen in energy and fuel production, to foster the transition towards a net-zero economy in line with the Green Deal Industrial Plan.
read more... 05/04/2024