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EU outlines short and long-term answer to global energy price surge
The European Commission unveiled on Wednesday (13 October) a “toolbox” of measures EU countries will be able to draw from when responding to rising energy prices in the short term, while pointing to an upcoming gas market reform for measures to be considered in the long term.
read more... 14/10/2021
France sets EV output target in $35B industrial plan
French President Emmanuel Macron unveiled a 30 billion euro ($35 billion) plan to reverse years of industrial decline in the EU’s second-largest economy, including 4 billion euros for the transport sector to support electrified vehicles and other initiatives.
read more... 14/10/2021
Daily (13.10.2021): Energy prices faced small fluctuations on Tuesday, but the market remains highly nervous
Oil prices evolved differently on Tuesday to end the session little changed amid concerns that higher energy costs could affect the global economic recovery. Hence, Brent crude lost 0.3% to $83.42 a barrel. U.S. WTI crude added 0.2% to $80.64 a barrel.
read more... 13/10/2021
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Germany's wpd to invest $578 million in North Macedonia wind park
German wind and solar park developer wpd will invest 500 million euros ($578 million) to build a 400 megawatt (MW) wind park in North Macedonia, the Balkan country’s prime minister, Zoran Zaev, said on Tuesday.
read more... 13/10/2021
Consortium plans 700-MW blue hydrogen project in Thames with Scottish CCS by 2027
A consortium of companies plans to develop a 700-MW low-carbon hydrogen production facility on the UK's Thames estuary, partnering with the Scottish Acorn carbon capture and storage project, the groups said in a statement Oct. 12.
read more... 13/10/2021