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INSIGHT-Oklahoma! How America hopes it can compete with China on critical minerals
A two-story warehouse nestled under Oklahoma's Wichita Mountains contains the only machine capable of refining Nickel, an important energy transition metal that is now dominated by China. The facility, which is owned by Westwin Elements a startup, hopes to make Oklahoma the epicenter of critical minerals processing in the United States…
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Draft document shows that heavy industries will get a price reduction on electricity under the new EU regulations
A draft of the new EU rules on state aid, which are due to be published by the European Commission on Wednesday, revealed that heavy industries would receive a temporary reduction in electricity prices. This is despite criticisms from companies about high energy costs and restrictive green regulations.
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Senators say that the US Senate is adjusting the language regarding rooftop solar in its budget bill.
Kevin Cramer, a senator from the United States Senate, said that they are working to adjust a tax credit for residential rooftop solar energy which had been removed in both versions of the House of Representatives' and Senate Finance Committee's versions. Cramer is a Republican and he serves on the Senate Energy Committee.
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EU relaxes rules on state aid to promote green projects and reduce carbon footprint
The European Commission announced Wednesday that it would make it easier for businesses to receive state aids to support projects to reduce carbon emissions or to switch to "green" projects. Heavy industries will also benefit from a temporary reduction in power prices under the new rules.
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Britain Rejects Moroccan Subsea Power Project In Favor of Domestic Solutions
Britain has rejected a 25 billion pound ($34.39 billion) Moroccan renewable energy project that would have used solar and wind power from the Sahara to supply up to seven million UK homes.The British government, which is aiming to largely decarbonise its electricity sector by 2030, said on Thursday it believed domestic projects could offer better e
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The U.S. Senate has preserved some tax credits for renewable energy in the Trump bill
The shares of U.S. renewable-energy firms showed mixed results in the early trading on Monday after the U.S. Senate passed…
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NATO funds biotech startup to counter biological threats
The fund co-leads a $35 million fundraising campaign for Portal Biotech. This company uses protein sequences to detect engineered threats…
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Heatwave increases demand for spot prices
The German and French power prices rose on Tuesday as the heatwave in many parts of Europe increased cooling demand. LSEG…
Latest news
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The price of gas in the Netherlands and UK is falling as Norwegian supplies rise.
Dutch and British wholesale prices of gas fell on Monday morning, as the supply was strong and demand was rising due to warmer…
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Palm oil and crude Dalian slips due to weak Dalian palm oil
Malaysian palm futures fell on Monday, erasing gains from the previous session, as Dalian palm oil and crude prices declined.
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Singapore's renewables use hits record highs as solar output and imports rise
An analysis of the most recent market data revealed that Singapore increased the share of renewables to a new record in May.
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South Korea's Lee appoints Koo Yun Cheol as finance minister and makes other choices
His office announced on Sunday that South Korea's President Lee Jae Myung had appointed a former Vice Finance Minister, Koo Yun Cheol…
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Senate bill accelerates the end of wind and solar tax credits
Renewable energy advocates said that the latest version of the Senate’s massive budget bill, which the Senate will vote on as early as Saturday…
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GRAINS-Chicago corn and soybeans rebound from multi-month-lows
Analysts said that Chicago corn and soybeans futures rose from their multi-month lows on Friday, thanks to short covering…
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GRAINS - Chicago corn and soybeans rebound from multi-month-lows
Analysts said that Chicago corn and soybeans futures rose from their multi-month lows on Friday, supported by short cover and a declining dollar.
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EU approves Italian scheme to support energy-intensive industries
Italy's Energy Minister said that the European Commission had approved a scheme by the Italian government to support power…
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Denmark warns EU not to stop green transition
The climate minister of Denmark said that European nations must not stop the green transition on the continent. His country…
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Low wind and hot weather will increase spot prices
German and French power contract prices for the next week will rise due to low wind output, which is limiting supply. Hot…
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Brazil corn ethanol boom covers the demand as the country increases its biofuel mandate
Brazil's corn-based ethanol industry has grown to meet the growing demand in the country for renewable fuels. This is due…
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EUROPE GAS - Prices fall further due to mild weather and solid supply
The Dutch and British wholesale prices of gas continued to fall on Friday morning, as the mild weather and stable supplies…
Solar
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EU relaxes rules on state aid to promote green projects and reduce carbon footprint
The European Commission announced Wednesday that it would make it easier for businesses to receive state aids to support…
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Senators say that the US Senate is adjusting the language regarding rooftop solar in its budget bill.
Kevin Cramer, a senator from the United States Senate, said that they are working to adjust a tax credit for residential…
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Draft document shows that heavy industries will get a price reduction on electricity under the new EU regulations
A draft of the new EU rules on state aid, which are due to be published by the European Commission on Wednesday, revealed…
