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Clock ticking as EU tries to unblock energy taxation directive
The French electricity sector fears that the revision of the EU’s energy taxation directive will fail before the June European elections, despite a last push by the Belgian EU presidency, which is seeking to break the deadlock in the Council of the EU.
read more... 20/02/2024
Bids in first EU hydrogen auction outstrip budget
The EU’s first renewable hydrogen subsidy auction saw an overwhelming response with bids exceeding the EUR 800m available budget, the European Commission said on Monday.
read more... 20/02/2024
Daily (19.02.2024): Oil prices rose by 1% on Friday, supported by ongoing geopolitical concerns
Oil prices gained ground on Friday as ongoing geopolitical turmoil continue to support prices. Hence, Brent crude rose by about 1% to settle at $83.47 a barrel, while WTI crude increased by 1.5% to close at $79.19 a barrel.
read more... 19/02/2024
Germany to earmark 4 bln euros for industry decarbonisation subsidies
The German government will earmark some 4 billion euros ($4.31 billion) for subsidies to support energy-intensive firms switching to green production, a government source told Reuters on Friday.
read more... 19/02/2024
UK public EV charging costs up by 11%
The overall cost of charging an electric vehicle (EV) on the UK’s public network has surged by 11% over the past year, according to new data published by Zapmap.
read more... 19/02/2024