All publications by tag «EUROPE»
2024, April, 26, 06:40:00
EUROPEAN ENERGY UNCERTAINTY
Worries include uncertainty over remaining Russian flows through Ukraine and rebounding gas demand in Asia. A colder-than-normal winter spurring consumption at home is also seen as more likely after two consecutive mild ones.
2024, April, 26, 06:35:00
EUROPEAN ELECTRICITY PRICES UP
The capacity for transmitting electricity to Belgium, Germany, Switzerland and Italy has been reduced since early March, according to French power-grid operator RTE. That’s depriving those nations of exports of cheaper French nuclear power and boosting wholesale prices across the region.
2024, April, 17, 06:55:00
EUROPE NEED RUSSIAN LNG
"If Europe is still importing LNG from Russia, it is because there is a need," a France-based gas trader said. "With our other main suppliers, such as Norway, operating at maximum capacity, it will be hard to completely stop the flow of Russian LNG. We are still not completely out of the crisis."
2024, April, 12, 06:30:00
EUROPEAN GAS PRICES WILL UP
Russia’s gas-transit agreement with Ukraine also expires at the end of the year, and there’s little clarity as of now if these volumes will still find their way to Europe.
2024, February, 26, 06:35:00
GERMANY'S RECESSION UP
The government on Wednesday slashed its growth forecast for this year to 0.2% from 1.3%, after a contraction in 2023.
2024, February, 21, 06:55:00
EUROPEAN INDUSTRY RISKS
Europe risks losing out to China and the US in the race to supply the technologies needed to roll out renewables and slash industrial emissions.
2024, February, 21, 06:50:00
EUROPEAN CARBON RISKS
“The European Commission’s carbon capture ambition is significant at ~450 million tonnes of CO2 by 2050, of which around 40% will come from direct air capture (DAC) alone, the most expensive carbon capture process.
2024, February, 21, 06:45:00
GERMANY IN RECESSION
While the outlook is weak, the bank said it expects no major deterioration in the labour market, which has insulated the economy so far, and Germany was not facing a broad-based, prolonged recession.
2024, February, 20, 06:30:00
EUROPE NEED SMR NUCLEAR
"Compared to the larger, conventional nuclear power plants, SMRs have several advantages — such as shorter construction time schedules, enhanced safety features and a sounder appeal to private investors thanks to their lower initial costs and shorter development timelines," the commission added.
2024, February, 16, 06:25:00
EUROPEAN HYDROGEN AID $7.4 BLN
The aid provided by seven countries is expected to unlock an additional 5.4 billion euros in private investments, with 32 companies participating in 33 projects, the commission said.