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Daily (16.04.2024): Day ahead power contracts rocketed on Monday amid low renewables

Oil prices fell slightly on Monday as the Iranian attack on Israel appeared to be less destructive than anticipated. Brent crude decreased by 0.4% to $90.10 a barrel, while WTI crude experienced a 0.3% drop to settle at $85.41 a barrel.

read more... 16/04/2024

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Renewables meet 89% of Portugal's Q1 power demand

National grid operator Redes Energeticas Nacionais (REN) said on Monday that renewable energy plants in Portugal have covered 89% of the country's electricity consumption in the first quarter of 2024.

read more... 02/04/2024

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France must not cave to Brussels on renewables

France should continue refusing to include renewable targets in its energy-climate plan, which will be submitted to the European Commission in June, the country’s former energy minister Agnès Pannier-Runacher said this week.

read more... 29/03/2024

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Europe’s high-voltage grid investment gap worse than feared

EU countries systematically underestimate the speed at which renewables will be added to grids in their development plans – making the investment gap larger than thought, new research made available to Euractiv has shown.

read more... 13/03/2024

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EU Commission urges France to raise renewables target to ‘at least 44%’

The EU’s energy commissioner, Kadri Simson, has urged France to raise its renewable energy target to “at least 44%” by 2030, warning it would consider taking “steps” at EU level in case of persistent shortcomings.

read more... 16/02/2024

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