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Germany rules out prolonging its nuclear power plants

Berlin has ruled out extending the lifetime of its existing nuclear fleet, brushing aside energy security concerns after Moscow threatened to halt gas supplies to Germany in retaliation for Western sanctions in the ongoing Russia-Ukraine war.

read more... 09/03/2022

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EC targets faster wind/solar permitting, heat pumps, consumer protection

Europe must amend its permitting rules to clear the way for a massive acceleration in wind and solar development in response to the war in Ukraine, European Commissioner for Energy Kadri Simson said March 8.

read more... 09/03/2022

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Daily (08.03.2022): Oil crude prices hit 10-year highs on Monday due to potential ban on Russian oil imports by western nations

Oil prices continued their bullish evolution on Monday. Concerns over a potential ban on Russian oil imports by western nations and no major progress in Ukraine negotiations boosted prices. Consequently, Brent crude surged by 4.3% to settle at $123.21 a barrel. At the same time, WTI crude ended 3.2% higher at $119.40 a barrel.

read more... 08/03/2022

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Denmark pledges independence of Russian gas

The Danish government has agreed with main opposition parties to become independent from Russian gas imports amid the intensification of the war in Ukraine, it said on Sunday.

read more... 08/03/2022

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Ukraine crisis: Vestas plans to halt four wind projects in Russia

Danish turbine manufacturer Vestas plans to stop four Russian wind projects in response to the country’s invasion of Ukraine, Danish newspaper Ekstra-Bladet reported citing company spokesperson.

read more... 08/03/2022

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