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Europe Makes It To the Other Side of Winter With Record Levels of Natural Gas
Europe has managed to make it through this winter season with record levels of natural gas in storage, setting it up to head into next winter on solid ground.
read more... 03/04/2024
Daily (02.04.2024) : Strong renewable generation weighed on European electricity spot prices on Monday
Oil prices diverged on Monday, amid geopolitical unrest in the Middle East and an upturn in manufacturing activity in China. Brent crude remained stable to slightly bearish reaching a price of $87.42. At the same time, WTI Crude increased by roughly 1 % to $83.71.
read more... 02/04/2024
Germany shuts down 15 coal-fired power plants
Germany shut down 15 coal-fired power plants over Easter to ensure that the country would meet its climate neutrality targets, with Economy Minister Robert Habeck saying that the plants were “neither necessary nor economical”.
read more... 02/04/2024
Large electrical heat pumps can be key to decarbonising Europe’s industry
Though the EU has focused much of its industrial decarbonisation drive on the production and use of hydrogen, in a factory west of Milan, Italy, a quiet revolution is underway – the electrification of lower-temperature heat.
read more... 01/04/2024
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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