If reduced Russian gas flows through Nord Stream 1 pipeline to Germany remain at the current level, Germany might not hit its gas storage target by November.
read more... 09/08/2022
Greece has taken a key step towards harnessing offshore wind with the approval in parliament last week of the country’s first Offshore Wind Law, industry group WindEurope said on Wednesday.
read more... 05/08/2022
European countries are on track to reach a gas storage filling target by the start of this winter, but the cost of replenishing stocks will be over 50 billion euros ($51 billion), 10 times more than the historical average of filling up tanks for winter.
read more... 05/08/2022
Oil prices fell on Wednesday as OPEC+ countries agreed to raise their September oil output targets by 100,000 barrels per day. As such, Brent crude oil price settled 3.8% lower at $96.78, while WTI crude fell by around 4% to $90.66 per barrel.
read more... 04/08/2022
The European Commission said on Tuesday (2 August) it had approved the German government’s €3 billion scheme to support renewable energy and waste heat-based district heating programs, which it said would help Germany and the EU achieve their climate change targets.
read more... 03/08/2022