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Poland approves construction of SMR nuclear units at six sites
Poland has given the green light for the construction of 24 new small modular reactor (SMR) units across six sites, executives of the company that will build the nuclear facilities said on Thursday, as Warsaw looks to reduce its use of fossil fuels.
read more... 08/12/2023
€800 million to jolt the market: Europe’s hydrogen boosters activate
The EU’s Hydrogen Bank has begun operations and is offering €800 million to hydrogen producers to kickstart demand for the fuel crucial to industrial decarbonisation.
read more... 28/11/2023
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Daily (24.11.2023): Carbon and gas prices were strongly bullish on Thursday amid colder weather forecasts
Oil prices continued to decline on Thursday, weighed by the postponement of the OPEC+ alliance meeting, fueling rumors of discord between its members and casting doubt on whether Saudi Arabia will maintain its voluntary production cuts. Thus, Brent crude edged 0.7% down at $81.42 per barrel, while WTI crude settled 1% lower at $76.40 per barrel.
read more... 24/11/2023
France’s New ESG Rule Could Result in $7.6 Billion of Oil and Gas Divestments
France’s new regulation, which will not allow funds invested in fossil fuel companies with new development plans to use a national ESG label, could result in forced divestments of $7.6 billion (7 billion euros) of oil and gas assets currently held by funds, according to a Morningstar Inc analysis carried by Bloomberg.
read more... 20/11/2023
Energy price cap to increase by 5% in January
Energy consultancy Cornwall Insight has unveiled its final forecast for the January to March 2024 Default Tariff Cap, projecting a 5% rise to £1,931 for a typical dual fuel household.
read more... 17/11/2023