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UK consults on extending emissions trading scheme cap beyond 2030
The government is seeking views on extending the UK Emissions Trading Scheme (ETS) beyond the end of 2030.
read more... 18/02/2025
Belgium retires oldest nuclear power reactor
Unit 1 of the Doel nuclear power plant has been taken offline for the final time after 50 years of operation and disconnected from the grid. Its closure is in line with Belgium's 2003 nuclear phase-out policy, under which two other reactors have already been shut down.
read more... 18/02/2025
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Power sector trends reveal widening divide between EU and Russia
Rapidly diverging power generation and emissions trends between the European Union (EU) and Russia highlight a growing energy use gap between several of Europe's largest economies and the former top supplier of energy products to the region.
read more... 18/02/2025
Daily (17.02.2025): Reduced demand due to a milder weather outlook weighed on power and gas prices on Friday
Oil prices slipped on Friday driven by hopes for a Russia-Ukraine peace deal that could ease supply disruptions. A peace deal could lead to lifting sanctions on Moscow, boosting global energy supplies. Nevertheless, losses were limited by a delay in U.S. tariffs and the prospect of increased economic pressure on Iran.
read more... 17/02/2025
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EC may extend gas storage regulation beyond this year
The European Commission may extend the EU’s current gas storage regulation, which is set to expire on 31 December, by at least a year, according to sources close to the matter.
read more... 17/02/2025