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Germany postpones decision on coal exit until February

Germany has postponed until February a decision on how fast Europe’s largest economy should phase out brown-coal-fired power plants and whether the government should compensate utilities as well as regions that could face job losses, a commission said.

read more... 27/11/2018

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Poland to diversify mix with nuclear energy, offshore wind under draft policy

Poland’s energy ministry released on Friday a draft energy policy to 2040, under which the share of coal power is expected to decrease to 60% in 2030 from over 78% in 2017 with the help of new sources like offshore wind and nuclear energy.

read more... 27/11/2018

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Europe ‘powers towards decarbonisation by 2045’

Europe’s power sector could be fully decarbonised by as early as 2045.

read more... 27/11/2018

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Daily (26.11.2018): Brent crude lost 6.1% on Friday, on worries about oversupply

Concerns over abundant crude supplies and a deceleration in world economic expansion put heavy pressure on oil prices on Friday. Moreover, global equity markets plunged as well. Brent crude tumbled to $58.8 a barrel, posting a 12% loss week-on week. Meanwhile, WTI crude prices fell to $50.42 a barrel, or a 11% decline for the week.

read more... 26/11/2018

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French gas tariffs to fall by 2.4 pct from Dec. 1

France’s CRE energy market regulator on Friday recommended a 2.4 percent drop in regulated gas tariffs, paid by around 4.6 million residential customers in France to Engie, as from Dec. 1.

read more... 26/11/2018

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