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European Commission favours more EU funds for electric vehicles sector
The European Commission called on Tuesday for an additional 1 billion euros ($1.1 billion) of EU funds to be made available to support electric vehicle battery cell manufacturing, as the EV sector shows signs of pressure.
read more... 04/12/2024
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German stakeholders doubt power plant strategy passing
The collapse of the German government on 6 November has led to uncertainty over the future of Germany's power market, particularly with regard to the passing of the power plant strategy (KWSG) before federal elections scheduled for 23 February.
read more... 04/12/2024
Second European Hydrogen Bank auction with €1.2 billion budget is officially open
The European Commission (EC) has officially opened the second auction under the European Hydrogen Bank, via the Innovation Fund (IF24), to allocate €1.2 billion from EU Emissions Trading System (ETS) revenues to support producers of hydrogen categorized as Renewable Fuel of Non-Biological Origin (RFNBO) located in the European Economic Area (EEA).
read more... 04/12/2024
Daily (03.12.2024) : British gas prices rose on Monday amid supply concerns
Oil prices diverged on Monday, as the market remains uncertain amid concerns over potential increases in OPEC+ production and optimism stemming from positive Chinese economic data. Brent crude declined by 1.5%, settling at $72.94 per barrel. Meanwhile, WTI crude saw a slight 0.2% increase, closing at $68.10 per barrel.
read more... 03/12/2024
France: energy suppliers’ demand for Arenh nuclear electricity in 2025 exceeds the quota again
The demand for low-cost nuclear electricity offered by EDF through the Arenh mechanism (Regulated Access to Historic Nuclear Electricity) continues to exceed the regulatory caps. The Commission de régulation de l’énergie (CRE) revealed that alternative suppliers requested a total of 134.93 terawatt-hours (TWh) for 2025. This figure represents an allocation rate of 74.12%, meaning that not all requests will be met.
read more... 03/12/2024