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EU backs hydrogen infrastructure projects with over €250 million
To help decarbonize the industry of the European Union (EU), the European Commission will allocate over €250 million in grants from the Connecting Europe Facility (CEF) to 21 hydrogen infrastructure development studies.
read more... 03/02/2025
Sizewell C reports project progress to parliament
The Sizewell C nuclear power plant project in the UK is "on time and on budget" and is "the best prepared nuclear project in modern nuclear history", MPs have been told in the first annual progress update on the project.
read more... 03/02/2025
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EU removes energy crisis gas price cap
The gas price cap introduced by the European Union during its 2022 Russian gas crisis will expire on Friday, having not been triggered since its inception.
read more... 03/02/2025
Daily (31.01.2025) : European power spot prices gained momentum on Thursday due to weaker wind generation
Oil prices edged higher on Thursday as the market assessed the likelihood of the U.S. imposing tariffs as early as Saturday, ahead of next week's OPEC+ meeting. Brent crude gained 0.4%, closing at $76.87 per barrel. Meanwhile, WTI crude delivery inched 0.2% higher at $72.73 per barrel.
read more... 31/01/2025
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EU Officials Discuss Restart of Russian Gas as Part of Ukraine Peace Deal
Some European Union officials have endorsed an idea to restart Russian pipeline gas supply to the EU as part of a possible peace deal for Ukraine, sources with knowledge of the talks have told the Financial Times.
read more... 31/01/2025