Latest news
New law to protect European energy consumers from market manipulation
On Monday (18 March), the Council of the EU formally adopted a new law to protect energy consumers from wholesale market manipulation, aiming to strengthen surveillance of wholesale markets and guarantee open and fair electricity competition in the EU.
read more... 19/03/2024
Romania's Nuclearelectrica sees preliminary decision on SMR plant in 2025
Romania expects to make a preliminary final investment decision next year on whether to build a small modular reactor plant (SMR), which could become Europe’s first project using the technology, Energy Minister Sebastian Burduja said on Monday.
read more... 19/03/2024
Romania delays adoption of energy and climate plan, casts doubt on renewable targets
The Romanian government will neither adopt its National Integrated Energy and Climate Change Plan before the expected 30 June deadline nor will the country meet the EU’s renewable energy targets, an energy ministry official said on Thursday.
read more... 15/03/2024
Daily (14.03.2024): European carbon prices resumed their decline on Wednesday as investment funds cut short positions less than anticipated
Oil prices rose sharply on Wednesday, boosted by strikes on Russian refineries and a larger-than-expected drop in US crude and gasoline inventories. As a result, the Brent crude oil stood slightly above $84 a barrel, while WTI crude settled at $79.72 a barrel.
read more... 14/03/2024
Germany launches green subsidies for industry
Germany on Tuesday launched a bidding process for subsidies to support energy-intensive firms switching to green production in a 4 billion euros ($4.37 billion) funding round, the economy ministry said on Tuesday.
read more... 13/03/2024