Latest news
The promise of new geothermal technologies
The ability of geothermal energy to provide baseload electricity and flexibility to heating and power systems will be invaluable in order to move towards a 100% renewables-based system, experts say.
read more... 28/10/2021
UK energy sector switches on 2030s net zero commitment
The UK’s energy sector has today committed to investing in and delivering a net zero power system in the 2030s.
read more... 28/10/2021
Daily (27.10.2021): Oil prices hit their highest levels since 2014 amid ongoing concerns about supply
Oil prices continued their steady uptrend on Tuesday, with the benchmarks hitting their highest levels in almost seven years amid limited supply from particularly OPEC and on growing global demand. Hence, Brent crude rose slightly by 0.5% to settle at $86.40 a barrel. U.S WTI crude increased by 1% to close at $84.65 a barrel.
read more... 27/10/2021
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Certifying Nord Stream 2 poses no threat to gas supply to EU
Allowing Nord Stream 2 to pump Russian gas to Germany will not threaten supplies to the European Union, the German Economy Ministry said on Tuesday, clearing a major hurdle for the disputed pipeline.
read more... 27/10/2021
Spain seeks EU permission to adjust power price mechanism
Spain's government is planning to seek permission from the European Union to set its own power prices outside the internal energy market system as it looks to offset the impact of bullish gas prices, Spanish newspaper El Pais reported Oct. 26, citing a government position paper.
read more... 27/10/2021