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Nuclear exit to unleash wind power in Northern Germany
The shutdown of the last nuclear power plant in Schleswig-Holstein will unclog the electricity grid and unleash wind power in the northern German state, according to its environment minister Jan Philipp Albrecht, reports Clean Energy Wire.
read more... 13/12/2021
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Macron in favour of integrating nuclear into EU green taxonomy
President Emmanuel Macron said he favours “nuclear power being integrated into the taxonomy” on green finance in an address before the European Committee of the Regions on Wednesday (1 December). EURACTIV France reports.
read more... 07/12/2021
Daily (06.12.2021): Near-term gas prices weakened on Friday, weighed by profit-taking and forecasts of milder temperatures
Oil prices were mitigated on Friday, following the decision of OPEC+ members to maintain the planned gradual increase in crude production, despite the new variant of Covid and reports of tapping into strategic reserves. As a result, Brent oil edged 0.3% up at $69.88 a barrel, while WTI crude slipped by 0.4% to $66.26 a barrel.
read more... 06/12/2021
Renewable electric growth on course to accelerate significantly
The International Energy Agency (IEA) has reported that the growth of renewable electricity derived from solar panels, wind turbines, and other renewable technologies is on course to accelerate over the coming years.
read more... 02/12/2021
Daily (29.11.2021): New Omicron variant of Covid-19 sent most of the energy prices lower on Friday
Oil prices plummeted on Friday, following reports of a new Covid-19 variant emerging in South Africa, which raised fears over the possible economic and demand impact. Consequently, Brent oil fell by 11.6% to $72.72 a barrel and WTI crude plunged by 12.7% to $68.15 a barrel.
read more... 29/11/2021