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EU Parliament calls for European strategy on geothermal energy
A resolution adopted by EU lawmakers calls for a European strategy to accelerate the deployment and investment in geothermal energy.
read more... 23/01/2024
Daily (16.01.2024): European carbon prices rebounded by 2% on Monday following a successful first auction of the year
Oil prices remained rather steady to bearish on Monday as the geopolitical risk premium eased amid the absence of tangible supply disruptions in the Middle East, with the market focusing on signs of weaker demand. Consequently, Brent and WTI crude edged lower to settle at $78.15 and $72.45 per barrel respectively.
read more... 16/01/2024
Daily (27.12.2023): European spot electricity prices rocketed amid weaker wind generation
Crude oil prices surged more than 2% on Tuesday, hitting their monthly peak. The increase was due to fears of shipping disruptions following further Red Sea ship attacks and hopes of interest rate cuts boosting economic growth and fuel demand. Hence, Brent crude traded at $81.07 a barrel, while WTI crude traded at $75.57 a barrel.
read more... 27/12/2023
EU, UK extend trade rules to avoid tariffs on electric vehicles
The European Union and Britain on Thursday agreed to give electric vehicle (EV) makers until the end of 2026 to comply with local content rules, delaying the imposition of tariffs on EVs traded with the UK.
read more... 22/12/2023
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Germany aims to replace lost solar panel subsidy
Germany's Economy Minister Robert Habeck said he aimed to replace a subsidy to makers of solar panels that fell victim to a court ruling last month that scrapped swathes of the budget, arguing support was needed to compete with Chinese manufacturers.
read more... 18/12/2023