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EU lawmaker alliance calls for ban on all Russian energy, including gas
A broad coalition of members of the European Parliament has written to the leaders of EU institutions urging them to ban all Russian energy from Europe, including pipeline gas and LNG.
read more... 04/03/2024
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UK launches 4.5GW Celtic Sea floating wind lease auction
The UK’s Crown Estate has formally launched the Celtic Sea floating offshore wind leasing round to award leases for 4.5GW of generation capacity.
read more... 04/03/2024
Daily (01.03.2024): European carbon prices plunged by more than 3% on Thursday following weak auction, selling pressure
Oil prices moved sideways on Thursday. Hence, Brent crude ended rather stable to bearish at $83.62 a barrel, as a higher-than-expected increase in US crude inventories put pressure on prices. WTI crude retreated by about 0.4% to end at $78.26 a barrel.
read more... 01/03/2024
British Gas launches fixed tariff £30 below Ofgem cap
British Gas has unveiled its latest Price Promise tariff, priced at £1660 for the average dual fuel household starting from 1st April, marking a £30 reduction below the Ofgem price cap.
read more... 01/03/2024
Global energy-related CO2 emissions hit record high in 2023
Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hampered hydropower production, International Energy Agency (IEA) said on Friday.
read more... 01/03/2024