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EU plans boost for power grid investment
The European Commission has drafted plans to scale up investment in Europe's power grids, including dozens of projects earmarked for priority access to permits and EU funding, a draft document seen by Reuters showed.
read more... 27/11/2023
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German industry sceptical of power tax cut plan
German energy experts and industry representatives are sceptical of a government plan to cut industrial power taxes, with the details still ambiguous and some arguing more was needed to ensure competitiveness with other nations.
read more... 21/11/2023
Energy price cap to increase by 5% in January
Energy consultancy Cornwall Insight has unveiled its final forecast for the January to March 2024 Default Tariff Cap, projecting a 5% rise to £1,931 for a typical dual fuel household.
read more... 17/11/2023
EU urged to do more to build carbon removals market
Businesses remain sceptical that a new EU certification framework for carbon removals is sufficient to generate a self-sustaining market, arguing Brussels must do more to make removing carbon from the atmosphere financially attractive.
read more... 16/11/2023
Daily (10.11.2023): EUAs notched their largest daily increase in over a month on Thursday amid bullish technical indicators
Oil prices recovered slightly on Thursday after falling to their lowest levels since July the previous day, with the market betting on an extension of OPEC+ cuts. Hence, Brent crude settled at $80.01 a barrel, while WTI crude closed at $75.74 a barrel, both contracts edging about 0.5% higher.
read more... 10/11/2023