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UK must build power lines faster, urges government’s first energy networks commissioner
The UK has the opportunity to accelerate the construction of new power lines, effectively tackling the long-standing backlog of renewable energy projects waiting to connect to the electricity grid.
read more... 07/08/2023
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Investing in new nuclear is ‘bad for the climate’
New nuclear is less cost-competitive than wind, solar or electricity storage options and hinders investments in renewable energies that could otherwise be deployed much faster, according to a peer-reviewed commentary published in the scientific journal Joule.
read more... 27/07/2023
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European Parliament votes for minimal electricity market reform
The European Parliament’s industry committee has put its weight behind a minimal reform of the bloc’s electricity market, paving the way for final negotiations with EU countries to start as soon as possible.
read more... 20/07/2023
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Daily (18.07.2023): Spot electricity prices in Europe rebounded by more than 200% on Monday, amid plummeting wind and solar output
On Monday, oil prices declined for the second consecutive day as traders grew more skeptical about the resilience of China's economic rebound in the absence of government assistance. Consequently, WTI crude experienced a 1.7% drop , reaching $74.15 per barrel. At the same time, Brent crude also declined by 1.7%, settling at $78.50 per barrel.
read more... 18/07/2023
France to raise regulated household electricity prices by 10% from August
The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official told Reuters on Tuesday, confirming a report from newspaper Les Echos.
read more... 18/07/2023