Latest news
Daily (14.06.2021): European power prices decreased on Friday amid strong renewable output and weaker CO2 markets
Oil prices rose on Friday, hitting fresh multi-year highs as an improved demand outlook continues to boost market sentiment. The rollout of the vaccine in North America as well as Europe is helping to restore demand, while crude supplies remain unchanged. Thus, Brent crude edged 0.2% higher at $72.69 a barrel. At the same time, WTI crude increased by 0.9% to settle at $70.91 a barrel.
read more... 14/06/2021
Daily (08.06.2021): British gas prices gained ground on Monday amid muted wind, weak inventories and strong CO2 prices
Crude oil prices retreated on Monday as China’s crude imports slid by 15% year- on- year in May to a five-month low, heightening demand concerns. Hence, Brent crude eased by 0.6% to settle at $71.49 a barrel. Meanwhile, U.S. WTI crude slipped by 0.6% as well, to end at $69.23 a barrel.
read more... 08/06/2021
.jpg)
Spanish government 'considers intervention' in wholesale power market
The Spanish government is considering intervening in the wholesale electricity market to limit the impact on consumer bills of rising CO2 and gas prices, power industry sources said May 28.
read more... 31/05/2021
Daily (28.05.2021): CO2 prices fell by over 3% on Thursday amid a weak complex, the release of UK ETS
Crude oil prices increased on Thursday, with Brent crude trading just below $70 a barrel as the potential of increased Iranian supply due to the lifting of US sanctions on the country was not been able to offer any direction to the market. Hence, Brent crude rose by 0.9% to settle at 69.46 a barrel. Meanwhile, U.S. WTI crude moved 1% higher at 66.85 a barrel.
read more... 28/05/2021
EU slashes energy-related CO2 emissions by 10% in 2020
European carbon dioxide emissions from energy use dropped by 10% last year.
read more... 10/05/2021