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Daily (17.05.2024): Gas prices recovered on Thursday amid scheduled Norwegian maintenance and reduced LNG arrivals

Oil prices rose on Thursday, bolstered by a decline in U.S. crude inventories and the anticipation of a rebound in gasoline demand in the coming weeks in the United States. Thus, Brent crude rose by 0.6% to settle at $83.27 per barrel. WTI crude traded around 1% higher to close at $79.23 per barrel.

read more... 17/05/2024

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EDF vows to connect French EPR in “summer 2024”

EDF plans to connect new-generation nuclear power reactor in Flamanville to the national grid in the summer of 2024, suggesting a further slight delay in the start-up schedule, the French utility said late on Wednesday.

read more... 28/03/2024

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UK offers cash bonuses for green wind investments

The UK Government plans to encourage offshore wind companies to cut their carbon footprint by providing extra payments in Allocation Round 7 of the Contracts for Difference scheme, scheduled to launch in 2025

read more... 15/03/2024

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Daily (22.11.2023): European carbon prices plummeted to a one-year-low amid weak auction and a bearish gas market

Oil prices changed slightly on Tuesday, reflecting a cautious market stance in anticipation of a weekend shortened by the Thanksgiving public holiday. The market is also marked by the highly awaited OPEC+ meeting scheduled for Sunday. Consequently, Brent crude ended at $82.45 per barrel, while WTI crude ended at $77.77 per barrel.

read more... 22/11/2023

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EU countries behind schedule on 2030 energy efficiency goals

Only 16 EU countries have met a June deadline to submit updated National Energy and Climate Plans to the European Commission for the period running up to 2030 – and none of them are fully compliant with the EU’s latest energy efficiency goals, according to a new report.

read more... 31/10/2023

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