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IRENA: renewable power saved global power sector $520bn in 2022
In addition to overall direct cost savings, there are other “substantial economic benefits” associated with reducing CO₂ emissions and dependence on fossil fuels.
read more... 01/09/2023
EC to hold pilot hydrogen auction in Nov to boost renewables
The European Commission will hold a pilot auction to subsidise renewable hydrogen production on 23 November with the aim of scaling up clean energy deployment and reducing dependence on Russian fossil fuels, it said on Wednesday.
read more... 31/08/2023
Nuclear alone not enough for carbon neutrality
If France is to achieve carbon neutrality by 2050, it must integrate renewables into its energy mix, according to the head of the country’s energy regulator, RTE, who believes nuclear power alone will not be enough.
read more... 28/08/2023
Renewable output hits record highs in Europe
Wind and solar output hit a record average of 45 GW this summer across Germany, Belgium, France, Italy and Britain, a study showed on Wednesday.
read more... 25/08/2023
Daily (15.08.2023): European carbon prices reached a two-week high on Monday amid forecasts of a heatwave and dropping renewables generation
Oil prices saw a decline on Monday due to economic concerns surrounding China, the biggest consumer of crude oil. The focus shifted to China's struggles in achieving post-pandemic economic recovery, outweighing the impact of the tightening global oil supply. As a result, Brent crude fell by 0.7% to $86.21 a barrel, while WTI crude dropped by 0.8% to settle at $82.51 a barrel.
read more... 15/08/2023