Latest news
France ‘omits’ renewable energy target in 2030 energy-climate plan
France’s draft national energy and climate plan (NECP), recently handed into the European Commission, fails to mention a renewable energy objective for 2030, referring instead to a “decarbonised” energy target incorporating nuclear power, contradicting the EU’s renewable energy directive.
read more... 30/11/2023
€800 million to jolt the market: Europe’s hydrogen boosters activate
The EU’s Hydrogen Bank has begun operations and is offering €800 million to hydrogen producers to kickstart demand for the fuel crucial to industrial decarbonisation.
read more... 28/11/2023
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Daily (24.11.2023): Carbon and gas prices were strongly bullish on Thursday amid colder weather forecasts
Oil prices continued to decline on Thursday, weighed by the postponement of the OPEC+ alliance meeting, fueling rumors of discord between its members and casting doubt on whether Saudi Arabia will maintain its voluntary production cuts. Thus, Brent crude edged 0.7% down at $81.42 per barrel, while WTI crude settled 1% lower at $76.40 per barrel.
read more... 24/11/2023
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MEPs fully include nuclear in Net-Zero Industry Act
The European Parliament has adopted its position on the proposed Net-Zero Industry Act (NZIA), which is intended to bolster Europe's manufacturing output in technologies needed for decarbonisation. MEPs included nuclear fission and fusion among a list of 17 technologies covered by the legislation.
read more... 24/11/2023
Daily (22.11.2023): European carbon prices plummeted to a one-year-low amid weak auction and a bearish gas market
Oil prices changed slightly on Tuesday, reflecting a cautious market stance in anticipation of a weekend shortened by the Thanksgiving public holiday. The market is also marked by the highly awaited OPEC+ meeting scheduled for Sunday. Consequently, Brent crude ended at $82.45 per barrel, while WTI crude ended at $77.77 per barrel.
read more... 22/11/2023