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Daily (19.04.2024): Energy complex recovered on Thursday amid persisting geopolitical concerns
Brent crude declined for the fourth straight session on Thursday, influenced by stability in the Middle East and potential actions by the US government to stabilize oil prices. Brent crude closed at $87.11 per barrel, while WTI crude remained unchanged at $82.73 per barrel.
read more... 19/04/2024
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Italy plans to become EU gas hub by 2027
Italy plans to become a gas hub for EU neighbours within three years by harnessing energy from North Africa amid the current geopolitical turmoil threatening supply, said energy minister Pichetto Fratin on Tuesday.
read more... 17/04/2024
France announces simplification measures for geothermal permitting
France’s Ministry of the Economy, Finance, Industrial and Digital Sovereignty has announced measures to simplify the mining procedures related to geothermal energy, CO2 storage, and critical minerals. Among other improvement, the new measures aim to cut the permitting time by half for exclusive research permits related to geothermal projects.
read more... 16/04/2024
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Europe is not meeting its cross-border grid connection goals
As EU energy ministers meet in Brussels to discuss grid expansion, the EU electricity market watchdog ACER warned on Friday (12 April) that Europe’s key grid connections are not sufficiently dedicated to electricity trading between neighbouring countries.
read more... 16/04/2024
Contested EU green buildings law adopted
The EU’s buildings directive has been adopted by member states on Friday (12 April), paving the way for national renovation plans amid cheers from the wider energy efficiency industry.
read more... 15/04/2024