Latest news

EU considers allowing faster energy tax cuts if prices jump

The European Union may make it easier for governments to slash energy tax rates if prices jump unexpectedly, under draft proposals countries are discussing to overhaul the taxes in the bloc.

read more... 15/07/2024

news

UK offshore energies industry unveils blueprint for net zero power

Offshore Energies UK (OEUK) has revealed a strategy to guide the UK toward achieving net zero power by 2030.

read more... 15/07/2024

news

Daily (12.07.2024): Forward gas prices increased on Thursday, benefiting from a technical rebound and rising demand

Oil prices ended slightly higher on Thursday, driven by positive US inflation news, suggesting potential future rate cuts by the Fed that could stimulate economic activity. As a result, Brent crude rose modestly by 0.4% to $85.40 per barrel. At the same time, WTI crude increased by 0.6%, closing at $82.62 per barrel.

read more... 12/07/2024

news

'Wind of change': Labour government lifts de facto ban on onshore wind in the UK

The Labour government has made a significant initial step in its policy for renewable energy following its election victory last week by "blowing away" a nine-year moratorium on new onshore windfarms.

read more... 11/07/2024

news

Renewables growth rate insufficient to reach 2030 target, says IRENA

The world risks missing a goal to triple renewable energy capacity by 2030 as the current growth rate is inadequate, a report by the International Renewable Energy Agency (IRENA) showed on Thursday.

read more... 11/07/2024

news