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Daily (16.08.2021): Oil prices lost 1% on Friday, on IEA's lowered forecast for global oil demand
Crude oil prices extended losses on Friday, on lowered forecasts for global oil demand from the IEA, due to the progression of the pandemic this year. Hence, Brent oil lost 1% at $70.59 a barrel and WTI crude fell by 0.9% to $68.44 a barrel.
read more... 16/08/2021
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Government launches greenwashing crackdown
The government has today announced its intention to tighten rules around green tariffs.
read more... 16/08/2021
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EC clears EDF, GIG acquisition of French solar biz with 2.4-GW portfolio
The European Commission (EC) has greenlighted the proposed majority acquisition of France-based agrivoltaic specialist Green Lighthouse Development (GLHD) by EDF Renouvelables and Lumani Energy Ltd.
read more... 16/08/2021
EU funded research seeks to speed up drilling for deep geothermal
Deep geothermal reservoirs are being targeted for renewable energy supply worldwide. However, while international research efforts are stepping up to the challenge of overcoming the low efficiency of heat recovery from depth to the surface, the showstopper remains the slow drilling speed provided by the conventional rotary system in deep hard rocks (> 4 km). Deep drilling requires long drilling times, often resulting in unacceptably high initial investment.
read more... 16/08/2021
Dutch lead charge for electric car stations
They are best known for bike-riding, but the climate-vulnerable Dutch are leading the way for electric cars with the largest number of charging stations in Europe.
read more... 13/08/2021