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Italy calls for EU gas price cap at 60 euros per megawatt hour
The European Union should extend its emergency cap on gas prices and set a ceiling of 60 euros per megawatt hour to prevent a possible energy price shock, Italy's Energy Minister Gilberto Pichetto Fratin said on Friday.
read more... 06/01/2025
UK power was cleanest ever in 2024
The UK has halved its reliance on fossil fuels for electricity and doubled renewables in the last decade, with last year the cleanest ever.
read more... 06/01/2025
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Powering Bulgaria's future: how energy storage insurance is transforming renewable investments
As Bulgaria accelerates its transition towards renewable energy, energy storage has emerged as a critical solution for stabilising the country’s growing solar and wind energy capacity. With its abundant solar potential, Bulgaria is experiencing significant growth in renewable projects. However, the challenge remains in managing the intermittency of solar energy. Battery energy storage systems (BESS) are key to addressing these variations and ensuring that renewable energy can reliably power homes and businesses.
read more... 06/01/2025
Daily (03.01.2024) : British gas prices gained 2% on Thursday due to the halt in Ukrainian gas transit and the Hammerfest LNG outage
Oil prices surged by around 2% on Thursday, driven by the anticipation of a cold wave in the United States and increased market activity after the New Year holiday. Brent crude closed at $75.93 per barrel. At the same time, WTI settled at $73.13 per barrel.
read more... 03/01/2025
In Norway, nearly all new cars sold in 2024 were fully electric
Nine out of ten new cars sold in Norway last year were powered by battery only, registration data showed on Thursday, placing the country within reach of its target of only adding cars that are electric on the road by 2025.
read more... 03/01/2025