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Global coalition pledges to triple renewables, double energy efficiency improvements
118 countries – China and India not included – have signed up to a pledge to triple their renewable energy capacity and double their rate of energy efficiency improvements by 2030.
read more... 05/12/2023
EU agrees new rules for investments into hydrogen infrastructure
Negotiations on the first leg of the EU’s new hydrogen and gas market rules concluded on Monday (27 November), clearing the way for investments into new infrastructure with a special carve-out for Germany’s municipal utilities.
read more... 29/11/2023
Italy approves measures to boost energy security, renewable power
Italy on Monday approved a decree to boost its energy security and renewable power production, with the minister for ecological transition saying the package was expected to trigger 27.4 billion euros ($29.89 billion) in investments.
read more... 28/11/2023
Daily (27.11.2023): Oil prices declined by 1% on Friday amid market’s waning confidence in OPEC's production quota adjustments
On Friday, oil prices declined by more than 1% in a thinly traded market where confidence in a substantial adjustment to production quotas by OPEC and its allies has diminished. Consequently, Brent crude settled at $80.58 per barrel, while WTI crude ended at $75.54 per barrel.
read more... 27/11/2023
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German hard coal importers want extended run times for reserve plants
Germany's hard coal importers want the Berlin government to prolong the operation of hard coal-to-power generation plants enlisted in last year's energy crisis beyond the targeted end of March 2024, the VDKi lobby said on Tuesday.
read more... 22/11/2023