Latest news
Portugal's first offshore wind auction aims for more than 1 GW
Portugal's first auction of licenses to build offshore wind farms, set to be launched by year-end, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday.
read more... 31/05/2023
EU wants end to energy support measures by 2024
The European Commission wants all EU states to "wind down" energy support measures in force at present by the end of this year.
read more... 25/05/2023
Daily (23.05.2023): European spot electricity prices rocketed by around 50% on Monday amid expectations of lower wind energy generation
Brent crude increased by 0.5% to $75.99 a barrel on Monday as oil demand is expected to rise in the second half of the year and amid declining supplies from Canada and OPEC+. WTI crude traded 0.7% higher at $72.1 a barrel.
read more... 23/05/2023
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EU lawmakers consider profit cap in case energy prices resurge
Lawmakers in the European Parliament will consider a proposal to cap power plants' windfall revenues if Europe faces another energy price crisis and use the cash to cushion citizens from soaring bills.
read more... 16/05/2023
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Norway postpones controversial onshore wind power tax
The Norwegian government said on Thursday it was postponing plans to introduce additional taxes for onshore wind power operators by a year to 2024 amid industry concern it may derail renewable energy expansion.
read more... 12/05/2023