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Germany seeks to link all wind parks in North Sea
The German government said on Monday that it wants to set up a new power line network to connect its own offshore wind parks with those of its North Sea neighbours in order to eliminate bottlenecks in the European energy market. Governments in northwestern Europe are hoping that wind power at sea will provide a large share of their future clean energy needs.
read more... 28/02/2023
Switzerland says won't follow EU out of beleaguered Energy Charter Treaty
Bern said it will not join the European Union’s proposed mass exit from a controversial energy investment protection treaty, sparking fears that fossil fuel companies will use Switzerland as a rear base to keep suing governments over climate action.
read more... 13/02/2023
Denmark's GreenGo to build 4 GW green fuel plant
Danish renewable energy developer GreenGo Energy said on Tuesday that it's cooperating on 60 billion Danish crowns ($8.77 billion) project to develop a green energy park.
read more... 25/01/2023
Daily (20.06.2022): Oil prices fell to a four-week low on Friday amid growing fears of economic downturn
Crude oil prices fell to a four-week low on Friday, as central banks in the US, UK and Switzerland raised interest rates to combat hiking inflation, sparking fears of a global economic recession. Hence, Brent crude dropped by 5.6%, to settle at $113.12 a barrel on Friday. U.S. WTI crude slumped by 6.8%, to settle at $109.56 a barrel.
read more... 20/06/2022
Daily (07.06.2022): EUAs slumped by 6% on Monday as traders eye ETS reform vote
Oil prices fell slightly on Monday as increased supplies of Russian crude headed for Asia counterbalanced the optimism sparked by Saudi Arabia's larger-than-expected price hike for Far East exports. Hence, Brent crude lost 21 cents, or 0.2%, to settle at $119.51 a barrel. U.S. WTI crude slipped by 37 cents, or 0.3%, to settle at $118.50 a barrel.
read more... 07/06/2022