Latest news
European Parliament drops call to end free allowances under carbon border levy
The European Parliament on Tuesday dropped its call to phase out the free allowances industrial sectors receive through the European Union carbon market if those sectors become covered by the bloc’s planned carbon border policy.
read more... 10/03/2021
Government launches £20m EV innovation competition
Innovative ideas for zero-emission vehicles could benefit from a share of £20 million in funding.
read more... 10/03/2021
Oil majors in Myanmar in spotlight after U.N. call for sanctions
Major global oil companies, working in Myanmar, are in the spotlight after the UN's human rights investigator called last week for coordinated international sanctions on the country's state energy firm, MOGE.
read more... 10/03/2021
Daily (09.03.2021): European power prices surged on Monday amid mild weather and low renewables generation
Crude oil prices oscillated on Monday, rising on reports of an attack on Saudi Arabia's oil facilities, but dropping later as the country stated that production remained unaffected. Consequently, both Brent and WTI oil fell by 1.6% to settle at $68.24 a barrel and $65.05 a barrel, respectively.
read more... 09/03/2021
UK energy networks appeal against Ofgem’s price control
Nine energy network companies are seeking permission from the Competition and Markets Authority (CMA) to appeal against Ofgem’s price control.
read more... 09/03/2021