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IRENA: renewable power saved global power sector $520bn in 2022

In addition to overall direct cost savings, there are other “substantial economic benefits” associated with reducing CO₂ emissions and dependence on fossil fuels.

read more... 01/09/2023

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Britain to pay homes to use less power again this winter

Britain’s National Grid will implement its scheme to pay homes to cut electricity use and help prevent power shortages again this winter, it said, following the success of the service last winter when it was first launched.

read more... 01/09/2023

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Daily (31.08.2023): Carbon prices added almost 2% gain on stronger Polish auction

Crude oil prices had another daily rise on Wednesday driven by supply tightening concerns, as OPEC members need to decide on further potential output cuts in September. Hence, Brent crude rose by 0.4% to settle at $85.86 a barrel.

read more... 31/08/2023

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EC to hold pilot hydrogen auction in Nov to boost renewables

The European Commission will hold a pilot auction to subsidise renewable hydrogen production on 23 November with the aim of scaling up clean energy deployment and reducing dependence on Russian fossil fuels, it said on Wednesday.

read more... 31/08/2023

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France may split from EU on power market reform

France will reform its power market to protect domestic companies from price volatility on a national level if it cannot achieve its aims in the EU discussions, the country’s energy minister said on Tuesday.

read more... 31/08/2023

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