A stronger dollar and global oversupply put pressure on oil prices on Friday. Nevertheless, losses were limited ahead of the 175’th Summit in Vienna, where OPEC and Russia will potentially talk about measures to reduce output. Brent crude price was 1.3% down at $58.71 a barrel, or more than a 1-year low. WTI crude also fell 1% to $50.93 a barrel.
read more... 03/12/2018
The European Commission (EC) has given the green light to a EUR-600-million (USD 677m) public support scheme in France that aims to encourage solar power generation from innovative installations.
read more... 29/11/2018
Hungary, historically one of Europe's biggest coal consumers, is seeking to expand its solar installed capacity, Sun Investment Group (SIG) said in a statement on Tuesday.
read more... 28/11/2018
Germany has postponed until February a decision on how fast Europe’s largest economy should phase out brown-coal-fired power plants and whether the government should compensate utilities as well as regions that could face job losses, a commission said.
read more... 27/11/2018
Europe’s power sector could be fully decarbonised by as early as 2045.
read more... 27/11/2018