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Harmony Energy to build France’s largest battery storage project
UK-based Harmony Energy has announced that it will commence construction on the Cheviré battery project, France’s largest battery energy storage system (BESS).
read more... 23/07/2024
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Daily (22.07.2024) Energy prices declined on Friday amid a global IT outage that disrupted trading activities
Oil prices fell on Friday due to China's faltering economy and a major computer crash. As a result, Brent crude decreased by 3%, closing at $82.63 a barrel, while WTI crude lost more than 3%, settling at $80.13 a barrel.
read more... 22/07/2024
Global electricity demand growth to hit decades-high in 2024 and 2025
Global electricity demand in 2024 and 2025 is set to grow at the highest levels in the past two decades, thanks to robust economic growth, intense heatwaves and increasing uptake of technologies that run on electricity, according to a report released by the IEA.
read more... 22/07/2024
Scotland pumps millions into carbon capture
First Minister John Swinney is set to visit a carbon capture and storage (CCS) facility in Aberdeenshire.
read more... 22/07/2024
Confusion on France’s renewable commitments in national energy, climate plan
France’s surprise inclusion of a 2030 target for renewable energy production in its energy and climate plans appeared to diffuse a long dispute with the European Commission, but experts are struggling to understand what the new figures actually mean.
read more... 22/07/2024