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German network regulator wants higher returns for grid operators
Germany's network regulator wants to provide operators of power and gas grids higher returns on equity for their outlays, its president said on Wednesday, responding to higher inflation that utilities say threatens investments in these assets.
read more... 08/06/2023
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Norway’s Surprise Natural Gas Nationalization Plan Even Broader Than Expected
Norway’s plan to nationalize natural gas assets includes more than just Gassled’s natural gas pipelines, new information revealed in a letter from the Norwegian energy minister showed on Friday.
read more... 08/05/2023
Stellantis, Vulcan Energy to develop renewable energy assets in Germany
Automaker Stellantis has teamed up with lithium group Vulcan Energy Resources to develop geothermal energy projects in Germany to help decarbonise production of electric vehicles at Rüsselsheim, the two companies said on Tuesday.
read more... 18/01/2023
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Poland to slow coal phase-out process, maintain 2049 end-date
Poland is forced to slow down the process of closing coal mines but will not withdraw from its plans to close all its mines by 2049, announced Polish State Assets Minister Jacek Sasin.
read more... 09/11/2022
Daily (03.11.2022): The NBP spot price soared amid cooler weather
The Federal Reserve raised interest rates for the fourth time this year on Wednesday, which led to a gain in oil prices despite decreases in other risky assets. Furthermore, U.S. oil stocks dropped as refineries raised production in anticipation of the winter heating season, lending more support to the market. As a result, WTI crude ended 1.8% higher at $90 per barrel, while Brent crude settled at $96.16 per barrel, up 1.6%.
read more... 03/11/2022