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Europe's energy taxes are worsening industry woes
Governments hunting for ways to aid Europe's struggling industries should take aim at the continent's high energy taxes, which are eroding competitiveness, the head of Europe's electricity lobby told Reuters.
read more... 23/12/2024
Daily (20.12.2024): EUAs surged by 4% on Thursday amid bullish gas prices and speculative buying
Oil prices retreated on Thursday a day after the Federal Reserve indicated a slower pace for interest rate cuts next year, with Brent crude falling by 0.7% to close at $72.88 per barrel. Meanwhile, WTI crude declined by 1.7%, settling at $69.38 per barrel
read more... 20/12/2024
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Romania signs $2 billion deal to extend life of its first nuclear reactor
Romanian state-owned nuclear power producer Nuclearelectrica has signed the main engineering contract to extend the life of its first reactor at a cost of about 1.9 billion euros ($1.98 billion), it said on Thursday.
read more... 20/12/2024
Spain's electricity demand edges up as renewables break records
The amount of electricity used in Spain has inched up this year after falling for two consecutive years, with a record 56% coming from renewable sources such as wind and solar, according to estimates on Thursday from grid operator Red Electrica.
read more... 20/12/2024
EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus
The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world.
read more... 20/12/2024