Latest news
Germany outlines $17 bln plan to subsidise gas-to-hydrogen shift
Germany's government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag of $17 billion in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.
read more... 06/02/2024
Daily (05.02.2024): Oil prices extended losses on Friday amid surging U.S. employment concerns and Fed policy worries
Oil prices extended losses on Friday, with the market under pressure of a higher-than-expected U.S. employment figure, sparking concerns that the Fed may keep its tight policy in place longer than initially expected. Consequently, Brent crude declined by about 2% to settle at $77.33, while WTI crude tumbled by over 2% to settle at $72.28 per barrel.
read more... 05/02/2024
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Solar industry calls for ‘emergency measures’ as manufacturers prepare to leave Europe
European solar panel manufacturers have warned they are “poised to shut down manufacturing lines” unless the EU takes emergency measures to save the sector, such as a buy-out of their inventories, which have piled up in recent years due to an influx of cheaper versions from China.
read more... 05/02/2024
IAEA finds UK nuclear regulation strong
The UK’s nuclear industry is safe and has made progress to reinforce its regulatory functions, according to a review by the International Atomic Energy Agency (IAEA). A team of experts from the organisation carried out an integrated regulatory review (IRRS) mission in the country.
read more... 05/02/2024
Wind generation lower on the year in January
Wind output accounted for 25pc of the Spanish generation mix and fell on the year in January 2024. Peninsular electricity demand rose slightly from January 2023.
read more... 05/02/2024