Latest news
Daily (01.03.2024): European carbon prices plunged by more than 3% on Thursday following weak auction, selling pressure
Oil prices moved sideways on Thursday. Hence, Brent crude ended rather stable to bearish at $83.62 a barrel, as a higher-than-expected increase in US crude inventories put pressure on prices. WTI crude retreated by about 0.4% to end at $78.26 a barrel.
read more... 01/03/2024
Lithuania to push Russian LNG ban to EU ministers on Monday
Lithuania will call for urgent legal actions to stop Russian LNG imports to the EU at an energy ministers' council meeting on Monday, a senior EU diplomatic source said on Thursday.
read more... 01/03/2024
.jpg)
EU’s 2030 wind power target within reach
The EU’s wind energy target for 2030 is within reach thanks to improvements in permitting and rebounds in investment, according to a new report from European wind association WindEurope.
read more... 29/02/2024
.jpg)
EU Proposes Member States Maintain Measures to Reduce Natural Gas Demand
The European Commission proposed on Tuesday that EU member states continue taking voluntary measures to maintain a collective 15% gas demand reduction compared to the five-year average to March 2022, as the bloc looks to continue stabilizing its energy and gas supply.
read more... 29/02/2024
EU awards Italian energy groups $402 mln for green hydrogen
The European Commission has awarded financing of up to 370 million euros ($402 million) to set up a 'Green Hydrogen Valley' in Italy's Puglia region, the energy groups involved said.
read more... 27/02/2024