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Renewable share of German power use climbs to 52.3% in first half
Renewable energy accounted for 52.3% of Germany's power consumption in the first six months of the year, up 3.1 points from a year earlier, on higher solar production and lower overall electricity usage, data showed on Tuesday.
read more... 28/06/2023
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UK’s largest solar farm approved
The government has granted permission for the construction of Longfield Solar Farm, the largest-ever solar farm in the country.
read more... 27/06/2023
France mulls at least 8 reactors, solar boost in new policy
The French government is mulling building a minimum of eight new nuclear reactors and boosting targeted solar capacity from 100 GW to 140 GW by 2050, according to an official document seen by Montel on Thursday.
read more... 19/06/2023
Daily (12.06.2023): Strong solar generation and low demand put significant pressure on European spot power prices
Crude oil prices dipped on Friday in anticipation of U.S. Federal Reserve meeting and potential interest rate increases. Hence, Brent crude decreased by 1.5% to settle at $74.79 a barrel. At the same time, WTI Crude traded 1.6% lower at $70.17 a barrel.
read more... 12/06/2023
UK considers removing VAT on battery storage installed after solar panels
The government has announced plans to consult on potential changes to VAT regulations for energy saving systems.
read more... 01/06/2023