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The French government is exploring a new tax on power plants to balance the 2025 budget without increasing electricity costs for consumers, a move that faces strong opposition from industry stakeholders.
The French government is exploring a new tax on power plants to balance the 2025 budget without increasing electricity costs for consumers, a move that faces strong opposition from industry stakeholders.
A report from the Centre de recherche sur l'énergie et l'air pur (CREA) demands that China decrease its emissions by at least 30% by 2035 to comply with the commitments of the Paris Agreement on climate.
A report from the Centre de recherche sur l'énergie et l'air pur (CREA) demands that China decrease its emissions by at least 30% by 2035 to comply with the commitments of the Paris Agreement on climate.
Taxes on the superprofits of oil and gas majors are multiplying across Europe and the United States. While governments aim to redistribute these record profits, companies are threatening to cut back on investments.
Taxes on the superprofits of oil and gas majors are multiplying across Europe and the United States. While governments aim to redistribute these record profits, companies are threatening to cut back on investments.
The Minister of Ecological Transition warns against a proposed tax on power plants, highlighting the risk of passing the costs onto French consumers.
The Minister of Ecological Transition warns against a proposed tax on power plants, highlighting the risk of passing the costs onto French consumers.
The United Arab Emirates Energy Minister, Suhail al-Mazrouei, reaffirms OPEC+ unity in its commitment to stabilize the global oil market at the Gulf Intelligence Energy Markets Forum.
The United Arab Emirates Energy Minister, Suhail al-Mazrouei, reaffirms OPEC+ unity in its commitment to stabilize the global oil market at the Gulf Intelligence Energy Markets Forum.
Malaysia updates its climate policy, aiming for a 45% reduction in carbon intensity by 2030. This initiative is accompanied by the preparation of a Climate Change Act, expected to be launched in the first quarter of 2025.
Malaysia updates its climate policy, aiming for a 45% reduction in carbon intensity by 2030. This initiative is accompanied by the preparation of a Climate Change Act, expected to be launched in the first quarter of 2025.
Saudi Arabia is projecting a budget deficit of 2.3% of GDP in 2025, with a further increase expected to 2.9% in 2026 and 3% in 2027. This trend is driven by declining oil revenues due to reduced production levels, alongside rising public expenditures aimed at financing its economic diversification projects.
Saudi Arabia is projecting a budget deficit of 2.3% of GDP in 2025, with a further increase expected to 2.9% in 2026 and 3% in 2027. This trend is driven by declining oil revenues due to reduced production levels, alongside rising public expenditures aimed at financing its economic diversification projects.
Oman regains its investment status after seven years of financial uncertainty marked by a credit rating downgrade in 2016. Rating agency Standard & Poor's (S&P) has announced the upgrade of Oman’s credit rating from ‘BB+’ to ‘BBB-’ with a stable outlook. This decision reflects the country’s sustained efforts to rebalance its public finances through structural reforms and prudent debt management. The government implemented a medium-term financial plan which, combined with a rationalization of public spending, has generated budget surpluses.
Oman regains its investment status after seven years of financial uncertainty marked by a credit rating downgrade in 2016. Rating agency Standard & Poor's (S&P) has announced the upgrade of Oman’s credit rating from ‘BB+’ to ‘BBB-’ with a stable outlook. This decision reflects the country’s sustained efforts to rebalance its public finances through structural reforms and prudent debt management. The government implemented a medium-term financial plan which, combined with a rationalization of public spending, has generated budget surpluses.
The Parquet National Financier (PNF) has announced its decision to appeal the Paris Correctional Court’s ruling, which acquitted Henri Proglio, former Chairman and CEO of EDF, along with the group and eleven other individuals, in a case involving allegations of favoritism. The case centers on a series of consulting contracts directly awarded by EDF between 2010 and 2016, raising concerns about the transparency of the company’s contracting practices.
The Parquet National Financier (PNF) has announced its decision to appeal the Paris Correctional Court’s ruling, which acquitted Henri Proglio, former Chairman and CEO of EDF, along with the group and eleven other individuals, in a case involving allegations of favoritism. The case centers on a series of consulting contracts directly awarded by EDF between 2010 and 2016, raising concerns about the transparency of the company’s contracting practices.
French Prime Minister Michel Barnier commits to reducing France's "ecological debt" while developing nuclear and renewable energy sources. However, NGOs and experts criticize the lack of concrete measures and financial commitments.
French Prime Minister Michel Barnier commits to reducing France's "ecological debt" while developing nuclear and renewable energy sources. However, NGOs and experts criticize the lack of concrete measures and financial commitments.
The 2024 US presidential election could reshape the trajectory of the liquefied natural gas (LNG) sector, with Kamala Harris and Donald Trump offering divergent strategies that could impact the regulatory framework, export permits, and international commercial perspectives.
The 2024 US presidential election could reshape the trajectory of the liquefied natural gas (LNG) sector, with Kamala Harris and Donald Trump offering divergent strategies that could impact the regulatory framework, export permits, and international commercial perspectives.
The French e-fuels sector needs to accelerate the development of its 26 ongoing projects to meet European decarbonation goals by 2030. The next 18 months will be crucial to structuring this emerging ecosystem.
The French e-fuels sector needs to accelerate the development of its 26 ongoing projects to meet European decarbonation goals by 2030. The next 18 months will be crucial to structuring this emerging ecosystem.
An in-depth analysis reveals that thermal plant outages and peak demand accounted for most of the electricity price increases in Texas in 2023, overshadowing the impact of ancillary services.
An in-depth analysis reveals that thermal plant outages and peak demand accounted for most of the electricity price increases in Texas in 2023, overshadowing the impact of ancillary services.
EDF and its former CEO Henri Proglio have been acquitted in a favoritism case related to consultancy contracts awarded between 2010 and 2016. The court ruled that there was no evidence of a criminal intent, despite the accusations from the Parquet National Financier.
EDF and its former CEO Henri Proglio have been acquitted in a favoritism case related to consultancy contracts awarded between 2010 and 2016. The court ruled that there was no evidence of a criminal intent, despite the accusations from the Parquet National Financier.
The French Council of State has dismissed complaints regarding renewable energy development targets while calling for the issuance of a decree to clarify wind farm deployment rules in France.
The French Council of State has dismissed complaints regarding renewable energy development targets while calling for the issuance of a decree to clarify wind farm deployment rules in France.
For the first time, renewable energy has generated more than half of the total electricity produced in the Netherlands, accounting for 53% of the energy mix in the first half of 2024, according to data from Centraal Bureau voor de Statistiek (CBS).
For the first time, renewable energy has generated more than half of the total electricity produced in the Netherlands, accounting for 53% of the energy mix in the first half of 2024, according to data from Centraal Bureau voor de Statistiek (CBS).
The High Council for Climate (HCC) criticizes the government's budgetary strategy, highlighting a weakening of France's decarbonation efforts. The reduction in funding hampers the achievement of carbon neutrality goals set for 2050.
The High Council for Climate (HCC) criticizes the government's budgetary strategy, highlighting a weakening of France's decarbonation efforts. The reduction in funding hampers the achievement of carbon neutrality goals set for 2050.
The Prefect of Provence-Alpes-Côte-d'Azur has approved a route for the high-voltage power line linking Jonquières-Saint-Vincent to Fos-sur-Mer. This project, supported by the industry, faces strong opposition from local officials and environmental groups.
The Prefect of Provence-Alpes-Côte-d'Azur has approved a route for the high-voltage power line linking Jonquières-Saint-Vincent to Fos-sur-Mer. This project, supported by the industry, faces strong opposition from local officials and environmental groups.
Engie secured the main lot in Brazil's second power transmission auction of 2024, with an investment of 2.9 billion reais, further solidifying its expansion strategy in the country’s energy infrastructure sector.
Engie secured the main lot in Brazil's second power transmission auction of 2024, with an investment of 2.9 billion reais, further solidifying its expansion strategy in the country’s energy infrastructure sector.
EDF and its former CEO Henri Proglio are on trial for contracts awarded without public tender between 2010 and 2016. The Parquet National Financier estimates the value of these contracts at €36 million, involving consultants close to the executive.
EDF and its former CEO Henri Proglio are on trial for contracts awarded without public tender between 2010 and 2016. The Parquet National Financier estimates the value of these contracts at €36 million, involving consultants close to the executive.
Storm Helene led Southern Company and Duke Energy to suspend or reduce production at key power units to protect the regional grid, impacting millions of consumers across the southeastern United States.
Storm Helene led Southern Company and Duke Energy to suspend or reduce production at key power units to protect the regional grid, impacting millions of consumers across the southeastern United States.
Sierra Leone receives a 480-million-USD investment from the Millennium Challenge Corporation to strengthen its electricity infrastructure and provide reliable power to 4.6 million people, targeting sustainability and sector efficiency.
Sierra Leone receives a 480-million-USD investment from the Millennium Challenge Corporation to strengthen its electricity infrastructure and provide reliable power to 4.6 million people, targeting sustainability and sector efficiency.
The lack of transmission infrastructure in the United States is hampering the expansion of renewable energy, according to industry experts, and could compromise decarbonation goals.
The lack of transmission infrastructure in the United States is hampering the expansion of renewable energy, according to industry experts, and could compromise decarbonation goals.
The passage of Hurricane Helene causes over 4.7 million power outages in the Southeastern United States, impacting energy infrastructures and mobilizing restoration efforts.
The passage of Hurricane Helene causes over 4.7 million power outages in the Southeastern United States, impacting energy infrastructures and mobilizing restoration efforts.
The Iowa Energy Fund (IEF) facilitates access to federal funding to support energy efficiency and clean energy projects, boosting decarbonization in Iowa.
The Iowa Energy Fund (IEF) facilitates access to federal funding to support energy efficiency and clean energy projects, boosting decarbonization in Iowa.
Major players in the French electricity sector are warning of the potential consequences of a new tax on electricity production, which could significantly affect their investments and long-term strategies.
Major players in the French electricity sector are warning of the potential consequences of a new tax on electricity production, which could significantly affect their investments and long-term strategies.

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