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Poland to spend big on power grid to meet renewables goals
Poland will need a huge upgrade of its power grids to cope with the transmission of energy from renewable and nuclear sources, a top official said on Monday, as the country set out an energy strategy that will see it shift away from fossil fuels.
read more... 04/04/2023
Daily (03.04.2023): British gas prices moved upwards on Friday amid chilly April start, extension of nuclear strikes in France
Crude oil prices increased modestly on Friday, hovering at about a two-week high, supported by supply disruptions in Iraq and a calmer outlook for the banking sector. Hence, Brent crude for May delivery, which expired upon settlement, gained 50 cents, or 0.6%, to settle at $79.77 a barrel. In meantime, US WTI crude increased by $1.30, or 1.8%, to end at $75.67 a barrel.
read more... 03/04/2023
Nuclear dispute hangs over EU renewable energy talks
The European Union enters the final stage of tense talks over how to treat hydrogen produced using nuclear power on Wednesday, in an effort to end a dispute that threatens to thwart a deal on more ambitious renewable energy goals.
read more... 30/03/2023
Daily (29.03.2023): Escalating concerns about French nuclear availability lent support to British forward gas prices on Tuesday
Oil prices gained ground on Tuesday, supported by renewed risk appetite among investors and the halt of oil imports from Iraqi Kurdistan by Turkey (around 450,000 barrels per day). Thus, Brent crude edged 0.7% higher to settle at $78.65 a barrel, while WTI crude added 0.5% to end at $73.20 a barrel.
read more... 29/03/2023
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Nuclear row threatens EU deal on renewable energy goals
European Union countries are split over whether to allow nuclear energy to contribute to meeting their renewable energy targets, a dispute threatening to delay one of the EU's main climate policies.
read more... 29/03/2023