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Spain, Portugal take home most of €720m EU hydrogen award

The European Commission announced on Tuesday (30 April) the winners of its first auction to allocate subsidies for hydrogen production, with most of the €720 million awarded going to projects in the Iberian peninsula.

read more... 02/05/2024

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Poland making strong progress on nuclear project

The International Atomic Energy Agency (IAEA) review mission has praised steps taken in Poland to develop the necessary infrastructure for nuclear power.

read more... 02/05/2024

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Almost 1GW of UK power generation gets fast-track connection to the grid

UK Power Networks Distribution System Operator (UKPN DSO) has launched a new scheme to allow almost 1GW of new power generation projects to receive fast-track connection to the UK grid.

read more... 02/05/2024

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Daily (30.04.2024): Crude oil prices fell by 1% on Monday amid renewed hopes of a truce in Gaza

Oil prices declined on Monday, influenced by easing geopolitical tensions amid renewed optimism for a ceasefire in the Gaza Strip, potentially tied to potential hostage releases. Hence, Brent crude decreased by 1%, reaching $88.4 per barrel, and WTI crude similarly dropped by 1%, to settle at $82.63 per barrel.

read more... 30/04/2024

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G7 discussing 2035 end date for coal-fired power plants

Energy ministers from the Group of Seven wealthy countries meeting in Italy are discussing setting a common target date of 2035 to shut down their coal-powered power plants, a source close to the matter told Reuters on Monday.

read more... 30/04/2024

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