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Global energy consumption to increase through 2050, outpace efficiency gains
Global energy consumption will likely increase through 2050 and outpace advances in energy efficiency, the U.S. Energy Information Administration (EIA) said on Wednesday.
read more... 12/10/2023
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Three countries support construction of Burgas-Alexandroupolis oil pipeline
The oil pipeline project from the Greek port of Alexandroupolis to the Bulgarian port of Burgas is on the agenda of Bulgaria, Greece, and Romania in the context of greater energy, transport and digital connectivity in Southeast Europe.
read more... 11/10/2023
Germany to extend energy price caps until end of March 2024
Germany plans to extend the electricity and gas price caps it introduced last year until March 2024 and the European Commission is examining the measure, a source told Reuters on Friday.
read more... 09/10/2023
Europe could become energy self-sufficient in $2 trillion push
Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around 2 trillion euros ($2.1 trillion) on solar, wind and other regenerative sources by 2040, according to a new study.
read more... 05/10/2023
Daily (04.10.2023): German spot power surged dramatically by over 200% due to reduced wind energy generation
On Tuesday, crude oil prices slightly increased from earlier lows, however, the rebound was limited by the prospect of higher interest rates and concerns over the health of the global economy. Hence, Brent crude edged 0.2% higher at $90.92 a barrel. Meanwhile, U.S. WTI crude rose by 0.5% to $89.23 a barrel.
read more... 04/10/2023