Latest news
Renewables roll-out in France too slow to meet EU targets
France saw a faster rate of renewables deployment from 2021, but things slowed down from 5.3 gigawatt (GW) to 4.5 GW between 2022 and 2023.
read more... 29/01/2024
Daily (26.01.2024): Oil prices surged to their highest levels since early December on the back of positive economic data from China and the U.S
Oil prices rose to their highest level since early December on Thursday, driven by encouraging economic data from the U.S. and stimulus actions in China. As a result, Brent crude ended at $82.43, while WTI crude closed at $77.36 per barrel, with both contracts jumping by about 3%.
read more... 26/01/2024
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
Germany to miss 2024 heat pump target by half
Despite record sales in 2023, Germany’s political target of 500,000 heat pumps for 2024 looks out of reach amid a drastic drop in natural gas prices and a drawn-out political fight over heat pump mandates.
read more... 25/01/2024