Latest news
.jpg)
Europe's power industry warns ageing grids risk green goals
Europe's electricity industry has warned that unprecedented investments are needed to upgrade ageing electricity grids, or the EU will fail to meet its clean energy targets.
read more... 21/09/2023
Challenges persist in EU’s ‘blue energy’ push
Despite some progress, more work is needed in the development of offshore renewable energies to achieve Europe’s ambitious ‘blue’ coastal economy targets, a report by the European Court of Auditors (ECA) found.
read more... 20/09/2023
France readies to integrate EU climate targets into its energy strategy
Paris will incorporate EU climate targets in its upcoming environmental and energy planning laws, Energy Minister Agnès Pannier-Runacher’s entourage said this week, playing down delays in submitting France’s updated National Energy and Climate Plan to Brussels.
read more... 18/09/2023
Nuclear gets a boost from Europe's new green energy targets
European lawmakers bowed to pressure from France to allow nuclear power to be used for ammonia and hydrogen production in order to pass new legally binding targets to expand renewable energy development in the European Union.
read more... 14/09/2023
Daily (13.09.2023): Brent crude price surpassed the $92 per barrel mark for the first time since November
Crude oil prices increased on Tuesday, hitting levels not seen since last November amid announcement that Saudi Arabia and Russia extended their voluntary production cuts, in a move to stabilize the markets. The closure of four oil export terminals in Libya due to a weekend storm provided additional support to oil prices. Hence, Brent crude rose by 1.6% to end at $92.06 a barrel. Meanwhile, U.S. WTI crude gained 1.8% to end at $88.84 a barrel.
read more... 13/09/2023