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Renewables meet 89% of Portugal's Q1 power demand

National grid operator Redes Energeticas Nacionais (REN) said on Monday that renewable energy plants in Portugal have covered 89% of the country's electricity consumption in the first quarter of 2024.

read more... 02/04/2024

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UAE signals interest in European nuclear energy investments

The United Arab Emirates has approached European nations including Britain to gauge their interest in the Middle Eastern state investing in their nuclear power infrastructure, according to three sources familiar with the talks.

read more... 01/04/2024

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Germany shutters seven coal power plants as energy crises eases

Seven lignite-fired power plant units with a combined generating capacity of 3.1 gigawatt will be shut down in Germany at the end of March after the plant’s planned decommissioning was postponed due to the 2022 energy crisis.

read more... 27/03/2024

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Commission presents parliament with Energy Charter Treaty exit plan

The European Commission’s plan to withdraw the bloc from the Energy Charter Treaty while allowing member states the right to remain if they choose was presented to Parliament on Thursday (21 March).

read more... 22/03/2024

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Global natural gas investments to reach almost $9 trillion by 2050

The Gas Exporting Countries Forum's (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the midstream sector.

read more... 22/03/2024

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