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Austria submits 2030 climate plan late as Germany, Spain flout June deadline
Just ten EU countries have submitted their long-term climate action plans to Brussels, with Austria being the most recent, as large countries like Germany and Spain continue to disregard the June 2024 deadline.
read more... 21/08/2024
Germany boosts bioenergy role in power
Germany's government is working on new legislation to support the role of bioenergy as a provider of back-up flexibility in Germany's future renewables-based power system, thus giving a new lease of life to thousands of mainly small biogas plants soon falling out of the subsidy system.
read more... 21/08/2024
Daily (21.08.2024): British gas prices fell on Tuesday as storage facilities in Europe reached target capacity two months early
Oil prices dropped on Tuesday as a weakening Chinese economy and easing Middle East tensions reduced demand. Brent crude fell by about 1%, closing at $77.20 per barrel, while WTI crude decreased by nearly 2%, settling at $73.17 per barrel.
read more... 21/08/2024
Daily (20.08.2024): Oil prices dropped by nearly 3% as Gaza ceasefire hopes eased Middle East tensions
Oil prices fell by nearly 3% on Monday as hopes for a ceasefire in Gaza eased tensions in the Middle East. Brent crude dropped to $77.66 per barrel, while WTI crude closed at $74.37 per barrel.
read more... 20/08/2024
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Poland and Hungary become key new drivers of Europe's solar growth
Electricity generation from solar farms is growing faster in Central and Eastern Europe than in any other European region, vastly exceeding the growth rates seen in both wealthier and sunnier parts of the continent.
read more... 20/08/2024