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EU aims to agree key path towards green industry ambitions

European Union policymakers hope to agree new rules on Tuesday to promote domestic production of equipment for solar and wind power, fuel cells and other clean technologies to ensure its industry can compete with Chinese and U.S. competitors

read more... 06/02/2024

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Daily (05.02.2024): Oil prices extended losses on Friday amid surging U.S. employment concerns and Fed policy worries

Oil prices extended losses on Friday, with the market under pressure of a higher-than-expected U.S. employment figure, sparking concerns that the Fed may keep its tight policy in place longer than initially expected. Consequently, Brent crude declined by about 2% to settle at $77.33, while WTI crude tumbled by over 2% to settle at $72.28 per barrel.

read more... 05/02/2024

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Solar industry calls for ‘emergency measures’ as manufacturers prepare to leave Europe

European solar panel manufacturers have warned they are “poised to shut down manufacturing lines” unless the EU takes emergency measures to save the sector, such as a buy-out of their inventories, which have piled up in recent years due to an influx of cheaper versions from China.

read more... 05/02/2024

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IAEA finds UK nuclear regulation strong

The UK’s nuclear industry is safe and has made progress to reinforce its regulatory functions, according to a review by the International Atomic Energy Agency (IAEA). A team of experts from the organisation carried out an integrated regulatory review (IRRS) mission in the country.

read more... 05/02/2024

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Wind generation lower on the year in January

Wind output accounted for 25pc of the Spanish generation mix and fell on the year in January 2024. Peninsular electricity demand rose slightly from January 2023.

read more... 05/02/2024

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