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EU ministers sign off binding 2030 carbon sink target
EU energy ministers gave final approval on Tuesday for a binding target to create carbon sinks in the agricultural and forestry sectors, enabling net removals of 310m tonnes of CO2 equivalent by 2030.
read more... 29/03/2023
Seven countries reject nuclear-derived hydrogen from EU renewables law
A group of seven EU countries led by Germany have rejected calls to incorporate nuclear-made hydrogen into the bloc’s green transport targets, reigniting a dispute with France that has held back an agreement on the bloc’s renewable energy directive.
read more... 22/03/2023
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Germany, Spain push to keep nuclear out of EU renewable energy goals
Seven EU states including Germany, Spain and Denmark have strengthened their resistance to efforts by France to count nuclear energy towards EU renewable energy targets, according to a letter seen by Reuters.
read more... 20/03/2023
Volkswagen to invest $193 bln over 5 years to hit EV target
Volkswagen plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production and its North American operations, it said on Tuesday, with spending on combustion engines to fall from 2025.
read more... 14/03/2023
Daily (08.03.2023): Ongoing strikes in France lifted the French forward power prices by over 4.4%
Oil prices lost momentum on Tuesday as the Chinese National People’s Congress estimate a lower-than-expected GDP growth target of around 5%, hence this could cause a fall in oil demand. A rise in US oil output also weighed on prices. Hence, Brent crude fell by 3.4% to settle at $83.29 a barrel.
read more... 08/03/2023