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(Daily 18.05.2022): EUA prices rose by 2.4% after the approval of a higher 2030 reduction target

After hitting seven-week highs on Monday, oil prices fell by 2% on Tuesday as the US could lift certain restrictions on Venezuela's government. Brent crude ended 2% lower at $114.24 a barrel on Tuesday.

read more... 18/05/2022

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EU Council approves final regulation on priority EU energy projects

The EU Council on May 16 adopted the revised regulation on funding for priority EU energy projects, the final step in the TEN-E approval process that defines the projects that will allowed to be subsidized under the Projects of Common Interest (PCI) program.

read more... 17/05/2022

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Rolls-Royce expecting UK approval for mini nuclear reactor by mid-2024

A Rolls-Royce design for a small modular nuclear reactor (SMR) will likely receive UK regulatory approval by mid-2024 and be able to produce grid power by 2029, Paul Stein, chairman of Rolls-Royce Small Modular Reactors, told Reuters.

read more... 20/04/2022

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Audi and Chinese partner win approval for $3.3B EV venture

Volkswagen Group's Audi premium brand and its Chinese state-owned partner FAW Group have received approval from Chinese authorities to start construction on their $3.3 billion electric vehicle joint venture plant, according to a government notice.

read more... 16/02/2022

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Swiss govt plans law changes in green energy push

The Swiss government is planning to simplify the approval procedures for large-scale wind and hydropower plants and provide tax advantages for new solar installations in a bid to accelerate the expansion of renewable energy in the country.

read more... 04/02/2022

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