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Brussels tables emergency EU permitting rules for renewables
The European Commission on Wednesday (10 November) tabled temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia’s war in Ukraine calls for exceptional measures.
read more... 11/11/2022
Daily (09.11.2022): German and French year-ahead electricity prices fell due to positive prospects in power generation
Tuesday saw a decrease in oil prices due to growing worries about fuel consumption as COVID-19 outbreaks escalated in the world's biggest crude importer China. Prices were also affected by uncertainty related to the results of the US midterm elections. As such, the Brent crude price settled 2.6% down at $95.36 a barrel. WTI crude fell by 3.1% to $88.91 a barrel.
read more... 09/11/2022
Daily (19.10.2022): British gas prices fell on Tuesday amid healthy storage, solid volumes of LNG
Crude oil prices lost ground on Tuesday as energy traders expect the Biden administration to remain aggressive with further releases from its strategic oil reserves. Economic slowdown and lower Chinese fuel demand put additional bearish pressure. Hence, Brent crude decreased by $1.59, or 1.7%, to settle at $90.03 a barrel. U.S. WTI crude dropped by $2.64, or 3.1%, to end at $82.82 a barrel.
read more... 19/10/2022
Spain confirms intention to withdraw from Energy Charter Treaty
Spain has initiated a procedure to withdraw from the Energy Charter Treaty (ECT), which protects investments in fossil fuels and other energy infrastructure, official sources confirmed to EURACTIV’s partner, EFE.
read more... 17/10/2022
EU countries eye scrapping 45% renewables target
EU countries are considering watering down the European Commission’s plan to ditch Russian fossil fuels, known as REPowerEU, including scrapping a proposed 45% renewable energy target for 2030, according to a document seen by EURACTIV.
read more... 13/10/2022