Latest news
Norway sovereign wealth fund commits $1 bln to renewable energy fund
Norway's sovereign wealth fund said on Monday it will commit 900 million euros ($1.01 billion) to the latest renewable energy fund of investment firm Copenhagen Infrastructure Partners (CIP).
read more... 27/08/2024
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Power link connects UK and Ireland’s grids
Sumitomo Electric Industries has completed the Greenlink Interconnector Project, connecting the electricity grids of Ireland and the UK.
read more... 27/08/2024
Daily (26.08.2024): European carbon prices extended their decline for the fourth day amid selling pressure
Oil prices climbed by over 2% on Friday as escalating tensions in the Middle East pushed prices higher. Brent crude closed at $79.02 per barrel, while WTI crude settled at $74.83 per barrel.
read more... 26/08/2024
Serbia plans to lift ban on nuclear power plants
Serbia plans to reverse a ban on the construction of nuclear power plants in the country, according to draft amendments to the energy law.
read more... 26/08/2024
UK's $5.6 Billion Electricity 'Superhighway' Gets Green Light
After years of stagnation, the U.K.’s green transition finally appears to be underway, with great support from the country’s recently elected Labour government. Plans for an electricity ‘superhighway’ between Scotland and England have been approved, supported by new wind and solar energy projects across the U.K. This month, the U.K.’s energy regulator, Ofgem, approved a $5.6 billion electricity “superhighway” project, which will transport renewable power 300 miles between north-east Scotland and the north of England. The Eastern Green Link subsea power cable will be the largest in the country to date, with phase one expected to transport enough energy to power around 2 million homes in England. This will be the biggest single investment in the U.S. grid to date, to be funded by energy bills. Work on the project by SSE and National Grid is expected to commence later this year, with phase one to be completed by 2029.
read more... 26/08/2024