Germany's cabinet on Wednesday agreed to earmark 57.6 billion euros ($63.2 billion) for green investments next year, up 60.2% from a 2023 target, the Finance Ministry said, as Berlin ramps up subsidies to help the country become net zero by 2045.
read more... 10/08/2023
SSEN Transmission has chosen preferred bidders to deliver critical elements for its £10bn ($12.6bn) Pathway to 2030 network investment plans.
read more... 09/08/2023
Germany's economy minister said on Tuesday Berlin had made a "breakthrough" in its talks with the European Commission on plans for new hydrogen and gas power plants, but has yet to agree on how they will be subsidised.
read more... 02/08/2023
Downing Street’s latest energy announcements this morning will not lead to a reversal in the controversial windfall tax, despite industry hopes of it being softened to make the country’s investment climate more attractive.
read more... 01/08/2023
On Friday, oil prices extended their gains, driven by supply limitations and a stronger-than-anticipated performance of the US economy. Thus, WTI crude ended 0.6% higher at $80.58 a barrel, while Brent crude rose by about 1% to settle at $84.99 a barrel.
read more... 31/07/2023