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EU’s 2050 net zero goals at risk as EV rollout faces setbacks
The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as electric vehicles (EVs) remain unaffordable and alternative fuel options are not credible, the EU’s external auditor said, jeopardising its 2050 climate goals.
read more... 23/04/2024
Daily (22.04.2024): European carbon prices tumbled by around 4% on Friday, driven by bearish gas prices and a strong sell-off
Oil prices posted a slight increase on Friday ahead of an uncertain weekend following Israel's attack on Iran. Hence, Brent crude stood at $87.29 a barrel, down 0.2% day-on-day, while WTI crude fell by 0.5% to close at $83.14 a barrel.
read more... 22/04/2024
UK offshore wind industry unveils growth plan
The UK’s offshore wind sector is preparing for significant expansion with the introduction of an Industrial Growth Plan (IGP) by RenewableUK, the Offshore Wind Industry Council, and The Crown Estate.
read more... 19/04/2024
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What’s next for EU power market
The EU’s latest electricity market reforms will shortly enter into law but the ongoing dramatic transformation of Europe’s electricity system means that these reforms may be one building block in a much wider policy revolution.
read more... 19/04/2024
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EU expected to sue Germany over gas tariff
The European Commission is expected to sue Germany for charging its neighbours an extra fee for buying gas from its storage, seen as flouting the EU's single market rules, two sources familiar with the matter said.
read more... 18/04/2024