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Germany rules out prolonging its nuclear power plants
Berlin has ruled out extending the lifetime of its existing nuclear fleet, brushing aside energy security concerns after Moscow threatened to halt gas supplies to Germany in retaliation for Western sanctions in the ongoing Russia-Ukraine war.
read more... 09/03/2022
EC targets faster wind/solar permitting, heat pumps, consumer protection
Europe must amend its permitting rules to clear the way for a massive acceleration in wind and solar development in response to the war in Ukraine, European Commissioner for Energy Kadri Simson said March 8.
read more... 09/03/2022
Australia, Germany fund joint hydrogen ventures
Australia and Germany have announced funding of around $90mn for hydrogen projects under their joint venture first unveiled in September 2020.
read more... 09/03/2022
Daily (08.03.2022): Oil crude prices hit 10-year highs on Monday due to potential ban on Russian oil imports by western nations
Oil prices continued their bullish evolution on Monday. Concerns over a potential ban on Russian oil imports by western nations and no major progress in Ukraine negotiations boosted prices. Consequently, Brent crude surged by 4.3% to settle at $123.21 a barrel. At the same time, WTI crude ended 3.2% higher at $119.40 a barrel.
read more... 08/03/2022
Denmark pledges independence of Russian gas
The Danish government has agreed with main opposition parties to become independent from Russian gas imports amid the intensification of the war in Ukraine, it said on Sunday.
read more... 08/03/2022