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Europe's power industry warns ageing grids risk green goals

Europe's electricity industry has warned that unprecedented investments are needed to upgrade ageing electricity grids, or the EU will fail to meet its clean energy targets.

read more... 21/09/2023

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French bank launches PPA guarantee scheme

French state-owned bank Bpifrance has launched a guarantee scheme aimed at helping industrial consumers sign up to 500 MW of cumulative long-term power purchase agreements (PPAs).

read more... 12/09/2023

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Daily (07.09.2023): Gas prices retreated on Wednesday due to postponed strikes at Australian LNG plants

On Wednesday, crude oil prices edged higher as traders expected reductions in U.S. crude due to ongoing production cuts in both Saudi Arabia and Russia. Hence, Brent crude rose by 0.6% to $90.60 a barrel, while WTI crude increased by about 1% to $87.54 a barrel.

read more... 07/09/2023

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Spain proposes amendments to EU power market overhaul

Spain, which holds the presidency of the European Union until December, has proposed several amendments to help pass a key piece of legislation that would overhaul the bloc's electricity market, a document showed.

read more... 07/09/2023

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France ‘confident’ about EU electricity market reform

Energy Transition Minister Agnès Pannier-Runacher said she was “confident” that France’s requirements under the EU electricity market reform will be met, just weeks before formal negotiations are due to resume following the collapse of talks at the end of June.

read more... 06/09/2023

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