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EU approves €900 million French biomass scheme

The European Commission has approved a €900 million French scheme to support companies investing in the use of biomass and renewable hydrogen in energy and fuel production, to foster the transition towards a net-zero economy in line with the Green Deal Industrial Plan.

read more... 05/04/2024

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Dutch Senate delays Groningen gas field shutdown

The Dutch Senate has postponed a vote on a law to close permanently the Groningen gas field, angering the government that has said production would never resume because of the risk of earthquakes.

read more... 04/04/2024

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Daily (03.04.2024): Supply concerns and the Middle-East conflict boosted oil prices on Tuesday

Oil prices surged to their highest level in five months on Tuesday amid worries about supply constraints. The surge was fuelled by fears of retaliatory actions from Iran following a fatal strike, attributed to Israel, on an Iranian diplomatic facility in Damascus. Brent crude rose by 2% to $88.92 a barrel, while WTI Crude posted a 2% decrease to $85.15 a barrel.

read more... 03/04/2024

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Massive electrification needed to reach 2050 climate goals

Mass electrification of light transport, buildings, and support for electrification of industrial processes will be essential, according to a new 2050 scenario.

read more... 03/04/2024

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New price cap to drive energy bills to two-year low

Britain‘s energy regulator, Ofgem implemented its latest price cap on 1st April – the energy price for a typical household utilising both gas and electricity and paying through direct debit will decrease by £238.

read more... 02/04/2024

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