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European Parliament wants expanded carbon border
All imports of products and commodities now under the EU's emissions trading system (ETS), including when embedded in intermediate or final products, should be covered from 2023 by a carbon border adjustment mechanism, the European Parliament's environment committee said today.
read more... 05/02/2021
Lithuania, Poland cross-border section of new gas link laid
The gas grids of Lithuania and Poland have now been directly linked after the cross-border section of the under-construction interconnector between the two countries was laid, Lithuanian transmission system operator Amber Grid said Feb. 2.
read more... 04/02/2021
Daily (22.12.2020): New strain of coronavirus in the UK weighed heavily on crude oil prices on Monday
Crude oil futures fell on Monday, weighed down by new travel restriction measures imposed at British borders due to a new strain of coronavirus, reviving concerns over an unsteady recovery in global energy demand. Hence, Brent crude dropped by 2.6% to settle at $50.91 a barrel. Meanwhile, U.S WTI crude closed at $47.97 a barrel, posting a 2.3% loss on a daily basis.
read more... 22/12/2020
UK airport capacity must be limited for net zero
The UK government must implement airport capacity restrictions in order to achieve net zero by 2050, the UK's Climate Change Committee (CCC) said today in its advice on the country's sixth carbon budget.
read more... 10/12/2020
Romania to apply EU gas network codes at non-EU borders
Romanian energy regulator Anre will apply EU network codes at the country's gas border points with Ukraine and Moldova, which could support greater interconnectivity, gas flows and trading liquidity between all three markets.
read more... 30/11/2020