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UK's SSEN to invest 10 billion pounds in electricity networks
Scottish and Southern Energy Networks (SSEN) Transmission will invest 10 billion pounds ($12.5 billion) in networks in Scotland which will enable the connection of up to 11 gigawatts of offshore wind projects, it said on Tuesday.
read more... 14/06/2023
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German network regulator wants higher returns for grid operators
Germany's network regulator wants to provide operators of power and gas grids higher returns on equity for their outlays, its president said on Wednesday, responding to higher inflation that utilities say threatens investments in these assets.
read more... 08/06/2023
Shell to exit European home retail energy businesses
Shell said on Tuesday that it had decided to exit its home retail energy businesses in Britain, Germany and the Netherlands due to their poor returns.
read more... 07/06/2023
Daily (05.06.2023): Oil prices rose sharply on Friday amid strong US employment figures
Oil prices rose sharply on Friday amid strong US employment figures. Moreover, debt impasse has been finally overcome. Ahead of OPEC+ meeting, Brent crude rose by 2.5 % to settle at $76.13 a barrel. Meanwhile, WTI crude traded at $71.74 a barrel, up by 2.3% day-on-day.
read more... 05/06/2023
Energy sufficiency, a French political concept still misunderstood in Europe
France has made energy sufficiency – the deliberate reduction of energy consumption – one of the three pillars of its decarbonisation strategy, alongside nuclear and renewables. However, Brussels and other European capitals have yet to fully embrace the approach.
read more... 05/06/2023