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Mercedes-Benz in preliminary offshore wind deal for electricity from 2027
Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson for the carmaker said on Monday.
read more... 19/10/2022
German car industry baulks at supplier demands over energy hikes
Germany's giant carmakers may have secured their own energy supplies but thousands of small suppliers faced with a squeeze from soaring bills risk upsetting production through the winter.
read more... 14/10/2022
Lawmakers close in on EU carbon market ‘frontloading’ to lower energy prices
Political groups in the European Parliament announced a deal on Tuesday (27 September) that will see the equivalent of €20 billion taken from the EU carbon market in a bid to finance the move away from Russian fossil fuels and lower consumer energy bills.
read more... 29/09/2022
Denmark to offer energy price support despite central bank warning
Danish lawmakers on Friday agreed an economic aid package worth 5.05 billion Danish crowns ($664 million) to soften the blow from rocketing energy prices, going against a warning from the central bank.
read more... 26/09/2022
Daily (16.09.2022): Oil prices declined on Thursday hitting a one-week low
A potential agreement to prevent a rail strike in the United States, forecasts for weaker global demand, and sustained U.S. dollar strength ahead of a possibly significant interest rate increase contributed to Thursday's decline in oil prices, which hit a one-week low. Thus, Brent crude settled 3.5% lower at $90.84 a barrel. WTI crude fell by 3.8% to $85.10.
read more... 16/09/2022