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Germany passes law to make energy savings compulsory
Germany's lower house of parliament on Thursday passed a bill to make saving energy compulsory in all economic sectors, a move intended to help fight climate change and curb use of imported fossil fuels.
read more... 22/09/2023
Hydrogen investment at risk due to policy delays and rising costs
Surging interest in hydrogen projects faces risk from delayed policy support, the International Energy Agency (IEA) has warned.
read more... 22/09/2023
Daily (21.09.2023): European spot electricity prices soared by over 100% on Wednesday amid a sharp decline in wind output
Oil prices dropped on Wednesday, driven by profit-taking and the continuing offensive stance of the US Federal Reserve, with doubts about the robustness of demand. As a result, Brent crude fell by 1.7% to settle at $89.66 a barrel, while WTI crude stood at $93.53 a barrel, down 1% day-on-day.
read more... 21/09/2023
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Europe's power industry warns ageing grids risk green goals
Europe's electricity industry has warned that unprecedented investments are needed to upgrade ageing electricity grids, or the EU will fail to meet its clean energy targets.
read more... 21/09/2023
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Berlin considers slashing electricity tax by 95% to boost heat pump uptake
Germany may slash electricity taxes to near-nothing amid flagging heat pump sales, a move backed by liberal and conservative politicians as well as the renewable energy lobby.
read more... 21/09/2023