Latest news
EC targets EUR 480m of EU funds for CO2 transport, storage
The European Commission has allocated nearly EUR 480m in EU funding to CO2 transport and storage projects as it seeks to create a “European carbon value chain”, it said on Thursday.
read more... 26/01/2024
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€400bn needed for offshore grids by 2050
Europe’s first-ever Offshore Network Development Plan, published on Tuesday (23 January), highlights the huge investment needed to connect offshore wind farms to final consumers, with an estimated 54,000 kilometres of transmission assets expected to be built in European waters by 2050 – almost 1.5 times the equator’s length.
read more... 25/01/2024
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Belgium unsure about using EU option to block Russian gas imports
It is unclear if Belgium will use the option in an upcoming European Union law to block imports of Russian liquefied natural gas (LNG), Belgium’s energy minister said on Monday (22 January).
read more... 24/01/2024
EU Parliament calls for European strategy on geothermal energy
A resolution adopted by EU lawmakers calls for a European strategy to accelerate the deployment and investment in geothermal energy.
read more... 23/01/2024
Daily (22.01.2024): European carbon prices rose by 1% on Friday amid the strongest auction result in five months
Oil prices retreated marginally on Friday as the market downplayed the impact of Houthi rebel attacks in the Red Sea. Diminishing expectations of interest rate cuts lent further bearish pressure to the oil market. Consequently, Brent crude ended at $78.56, while WTI crude settled at $73.41 per barrel.
read more... 22/01/2024