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Belgian, Dutch spot indexes below expectations

The Belgian spot index averaged €52.55/MWh on 1-15 February, below the February expiry level of €56.95/MWh on 29 January

read more... 16/02/2021

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Daily (15.02.2021): Oil prices soared by 2% on Friday, despite bleak demand outlook

Crude oil prices rebounded sharply on Friday to hit 13-month highs. Despite a weak demand outlook reported by the International Energy Agency (IEA) and OPEC, both Brent crude and WTI oil surged by 2.1% to settle at $62.43 and $59.47 a barrel, respectively.

read more... 15/02/2021

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Falck signs 10.5-MW solar PPA with Italian trading firm

Italian company Falck Renewables SpA  said today it has signed a power purchase agreement (PPA) for a 10.5-MW solar park, currently under development.

read more... 15/02/2021

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Rules of origin could threaten UK EV production

This would have significant implications for electric vehicle (EV) production and might require the UK to start importing battery metals including cobalt and lithium, according to UK battery developer Britishvolt.

read more... 15/02/2021

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No EU funds for fossil-fuelled vehicles and power

Guidance issued today on national economic programmes financed under a €672.5bn EU recovery and resilience facility stated that conventional scrappage schemes — replacing internal combustion engine (ICE) cars with more efficient ICE models — are not compliant.

read more... 15/02/2021

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