Latest news
Fate of EU green taxonomy ‘now in the hands of von der Leyen’
European Commission President Ursula von der Leyen has taken charge of a soon-to-be-published list of sustainable investments amid controversy around the possible classification of fossil gas and nuclear energy as “green” or “transitional” activities under certain conditions, according to several sources familiar with the process.
read more... 13/12/2021
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Nuclear exit to unleash wind power in Northern Germany
The shutdown of the last nuclear power plant in Schleswig-Holstein will unclog the electricity grid and unleash wind power in the northern German state, according to its environment minister Jan Philipp Albrecht, reports Clean Energy Wire.
read more... 13/12/2021
Daily (10.12.2021): British gas prices fell on Thursday amid a rebound in Norwegian flows, mild weather, bearish carbon
Oil prices erased some of this week’s gains on Thursday as England, Denmark, and China imposed new restrictions to curb the spread of Omicron, ruining the demand recovery. Adding to the bearish sentiment, two Chinese real estate companies went through a rating downgrade, indicating China’s deteriorating economic growth. Hence, Brent crude fell by $1.40, or 1.9%, to settle at $74.42 a barrel. U.S. WTI crude declined by $1.42, or 2%, to end at $70.94 a barrel.
read more... 10/12/2021
Volvo, Northvolt close $3.3B battery supply deal
Volvo Cars and Northvolt have closed a 30 billion-crown ($3.3-billion) deal that the automaker said secures its supply of sustainable, state-of-the-art battery cells for its next-generation full-electric cars.
read more... 10/12/2021
Bulgaria seeks EU nod to halve energy tax to 10% until April
Bulgaria will seek EU approval to halve value-added tax on electricity and gas to 10% in the first four months of 2022 to offset a surge in energy costs for businesses and households, officials said.
read more... 10/12/2021