Latest news
Global electricity sector nearing ‘peak emissions’
Anew report suggests that we may soon reach the peak of global emissions from the electricity sector. Research into 78 countries by think tank Ember has shown that in the first half of 2023, CO₂ emissions from the global power industry grew by a mere 0.2%, with wind and solar capacity hitting record levels.
read more... 09/10/2023
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Norway plans resource tax on onshore wind farms
Norway will introduce a resource rent tax on onshore wind power from 2024, although existing facilities will get "generous transitional arrangements", the government said on Friday.
read more... 06/10/2023
Germany approves bringing coal-fired power plants back online this winter
Germany's cabinet on Wednesday approved putting on-reserve lignite-fired power plants back online from October until the end of March 2024, the economy ministry said, as a step to replace scarce natural gas this winter and avoid shortages.
read more... 05/10/2023
Daily (04.10.2023): German spot power surged dramatically by over 200% due to reduced wind energy generation
On Tuesday, crude oil prices slightly increased from earlier lows, however, the rebound was limited by the prospect of higher interest rates and concerns over the health of the global economy. Hence, Brent crude edged 0.2% higher at $90.92 a barrel. Meanwhile, U.S. WTI crude rose by 0.5% to $89.23 a barrel.
read more... 04/10/2023
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France digs in on EU power market reform position
A group of countries led by France has proposed a compromise on the EU's electricity market design (EMD), pushing back on attempts by some countries to introduce stricter controls on future state aid for power plants, a document and sources said Tuesday.
read more... 04/10/2023