Europe’s largest economy, Germany, is expected to become a net importer of electricity in 2023 for the first time since 2002 due to retiring coal plants and the nuclear phase-out, the International Energy Agency (IEA) said on Friday.
read more... 17/01/2022
Italy is preparing measures, including an increase in domestic gas output, to try to lower surging energy bills, four government and political sources told Reuters on Friday, adding the measures could be approved as early as this month.
read more... 17/01/2022
Oil prices saw a downwards correction on Thursday, pulling back from new two-month highs reached the previous session. The losses were attributed to profit-taking among speculative buyers. However, falling US inventory levels and optimism surrounding Omicron limited the downside. Brent crude lost 0.2% to settle at $84.47 a barrel. U.S. WTI crude futures slipped by 0.6% to end at $82.12 a barrel.
read more... 14/01/2022
Renault accelerates its transition to an all-electric future in Europe, but the automaker has a "Plan B" as well.
read more... 14/01/2022
Renewables investor Econergy Renewable Energy said on Thursday it plans to develop a portfolio of 800 megawatts (MW) of renewable energy storage and 900 MW of solar photovoltaic (PV) capacity in Britain over the next three years.
read more... 14/01/2022