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Daily (29.04.2024): European carbon prices declined on Friday, dampened by bearish gas prices and profit-taking
Oil prices rose for a second consecutive session on Friday, driven by traders hedging their positions in anticipation of potential geopolitical events in the Middle East over the weekend. As a result, Brent crude increased by 0.5% to close at $89.5 per barrel, and WTI crude edged 0.3% up to settle at $83.85 per barrel.
read more... 29/04/2024
Daily (26.04.2024): European near-term gas and power prices surged on Thursday as reduced Norwegian flows and colder weather boosted demand
Oil prices posted modest gains on Thursday, supported by intensifying Middle East tensions. However, a pessimistic global demand outlook capped gain. Thus, Brent crude rose by 1.1% to settle slightly above $89 a barrel, while WTI crude edged 1% higher at $83.57 a barrel.
read more... 26/04/2024
Energy taxation directive: No progress expected before EU elections
Despite the presentation of a new compromise text to national governments on Thursday (April 25), no serious progress is expected on revision of the energy taxation directive before the next term of the EU Parliament and Commission.
read more... 26/04/2024
EU lawmakers back law to boost domestic clean tech production
The European Parliament approved on Thursday a new law designed to ensure the bloc produces 40% of its renewable energy, fuel cell and other green technology needs within its borders, and to help Europe's industry compete with U.S. and Chinese rivals. EU lawmakers voted by 361 to 121 against, with 45 abstentions, for the Net Zero Industry Act.
read more... 26/04/2024
EU lawmakers back law to boost domestic clean tech production
The European Parliament approved on Thursday a new law designed to ensure the bloc produces 40% of its renewable energy, fuel cell and other green technology needs within its borders, and to help Europe's industry compete with U.S. and Chinese rivals. EU lawmakers voted by 361 to 121 against, with 45 abstentions, for the Net Zero Industry Act.
read more... 26/04/2024