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EU electricity demand rebounds without more emissions
Electricity demand in the European Union has returned to pre-pandemic levels without a corresponding rise in emissions, according to a report published Wednesday by an energy think tank. An analysis of data from grid operators showed that electricity demand in the EU during the first half of 2021 almost matched the demand in the same six-month period two years earlier, the report by Ember said.
read more... 29/07/2021
Naturgy to plough $16.5 bln into renewables, networks by 2025
Spanish power group Naturgy said on Wednesday it plans to invest 14 billion euros ($16.54 billion) mostly to ramp up its renewable generation capacity and transform power and gas networks to boost core earnings around 30% by 2025.
read more... 29/07/2021
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Hard coal needed to keep German lights on
German electricity generation volumes from hard coal rose by more than a third in the first six months of 2021, showing the energy source plays a vital role in keeping the lights on, importers group VDKi said on Wednesday.
read more... 29/07/2021
Daily (28.07.2021): British gas prices extended gains on Tuesday amid supportive weather, tight supply
Oil prices are continuing a choppy sideways trade in absence of news. Uncertainty over the potential ramifications of the Delta wave which could jeopardize the energy demand recovery put pressure on crude prices. Hence, Brent crude settled at $74.48 a barrel, posting its first loss in six sessions. U.S. WTI crude lost 0.4% to close at $71.65 a barrel.
read more... 28/07/2021
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Unions repeat call for nuclear's inclusion in EU taxonomy
Nuclear energy must be included in a delegated act of the European taxonomy, 18 trade unions in the energy sector from 10 European Union countries have told Ursula von der Leyen, president of the European Commission (EC). In a joint letter, the unions called for "a dialogue with the purpose of nuclear energy to play its full potential and build an economically efficient and socially just carbon-free Europe by 2050".
read more... 28/07/2021