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Energy
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Multiple failures caused Spanish blackout in April, minister says
Multiple failures by power producers and Spanish grid operator Red Eléctrica caused the Iberian blackout on April 28, said the country’s energy minister Sara Aagese... (more story)
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Thirteen non-EU critical mineral projects identified by EU Commission
A total of 13 critical raw material projects outside the EU have been granted strategic status by the European Commission, unlocking access to funding and policy su... (more story)
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US trade war could cut oil demand by millions of barrels, report says
An ongoing trade war could reduce oil demand by millions of barrels per day by the end of the decade, according to a report published today by research firm Wood Mackenzie.
Insight View More
The European Commission’s proposal to reduce imports of Russian uranium, enriched uranium, nuclear fuels, and related materials has been finalized but won't be presented until September, MLex has learned. Desp... (more story)
EU exporters of carbon-intensive goods will get compensation funded by revenues from the bloc’s carbon border tax, according to a European Commission document published today. The proposed scheme — to be unvei... (more story)
Renewable and storage companies, along with grid operators, received new guidance today from the European Commission aimed at lowering energy prices and accelerating the energy transition. The three non-bindin... (more story)
The EU should reduce its net greenhouse gas emissions 90 percent by 2040, according to a legislative proposal presented today. Starting in 2036, international carbon credits can be used to account for up to 3 ... (more story)
Small businesses, vulnerable households and public-transport users may have to wait beyond January to access the EU Social Climate Fund, as most EU countries have missed the deadline to submit their investment... (more story)
The UK government has committed to investing billions of pounds to finance the transition to net zero because banks aren't doing enough to channel their capital into green initiatives, John Flint, the head of ... (more story)
Sustainable finance will be one of the five key growth areas in the UK government's forthcoming Financial Services Growth and Competitiveness Strategy, the UK minister responsible for financial services policy said today.
Zero-emission trucks and buses may benefit from reduced road tolls until June 2031 — or even no tolls — according to a new proposal by the European Commission. To incentivize decarbonization, clean heavy-duty ... (more story)
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A surge in ship fires, including several high-profile incidents this year, is driving concern across the global trade industry as ports and shipping companies work to increase safety on board and consider more regulations.
Technology companies operating data centers in Brazil could face additional regulatory scrutiny due to concerns about their environmental impact. Environment minister Marina Silva told MLex that her department... (more story)
Italy’s decision to join the EU's pro-nuclear alliance last week and its recent bill to reintroduce nuclear energy mark a significant break from its long-held aversion to the power source. But while constituti... (more story)
Poland has used its leadership role as chair of the Council of the EU, the body that represents national governments in Brussels, to push defense and reduce Europe’s reliance on foreign powers to the forefront... (more story)
The new South Korean president’s plan to massively expand artificial intelligence infrastructure and increase renewable energy generation at the same time to power it may face significant challenges unless lon... (more story)
The legal pathway for the UK to re-join the European Union’s internal electricity market may be straight forward if the two sides can agree on a dedicated arbitration mechanism, but political support for the m... (more story)
US federal subpoenas about Constellation Energy’s plan to buy rival power producer Calpine Corp. have included numerous detailed questions about pricing statistics and economic forecasts. These inquiry letters... (more story)
European nuclear companies are being pushed to gradually end nuclear-fuel imports from Russia via a European Commission phaseout plan set out this month. How soon this can happen is up for debate, due to EU co... (more story)