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Greece fumes as Washington loses interest in EastMed gas pipeline
The United States is no longer supporting the construction of EastMed gas pipeline project as Washington’s interest is now switching to renewable energy sources, according to a State Department statement. According to Greek media, the move profits Turkey.
read more... 11/01/2022
Brexit decision left UK firms paying 10% more than EU rivals for emissions
British businesses are paying substantially more to produce carbon dioxide than their EU rivals because of the government’s refusal to link the UK carbon market to the bigger European market after Brexit.
read more... 11/01/2022
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Europe nuclear plants ‘need €500bn investment by 2050’
The European Union will need to invest €500 billion in new generation nuclear power stations from now until 2050, the bloc’s internal market commissioner said in an interview published at the weekend.
read more... 11/01/2022
Daily (10.01.2022): The European energy complex weakened on Friday, amid outlooks for milder weather
Crude oil prices decreased slightly on Friday, as the situation in Kazakhstan somewhat subsided, after several days of clashes between demonstrators and the police, with the involvement of Russian troops. As such, Brent oil edged 0.3% lower at $81.75 a barrel and WTI crude slipped by 0.7% to $78.90 a barrel.
read more... 10/01/2022
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Norway to further raise household electricity subsidy
Norway's minority government plans to further increase its subsidy for household electricity bills amid a spike in winter season power prices, the energy ministry said.
read more... 10/01/2022