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Spain produced just over half of electricity from renewable sources in 2023

The share of electricity generated in Spain from renewable sources rose to 50.8% in 2023 from 42.2% a year earlier as the country moves towards its decarbonisation goals, Energy Minister Teresa Ribera said on Tuesday.

read more... 20/12/2023

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UK to implement carbon tariff by 2027, mirroring EU scheme

Britain said on Monday (18 December) it would implement a new import carbon pricing mechanism by 2027, with goods imported from countries with a lower or no carbon price having to pay a levy as part of decarbonisation efforts.

read more... 19/12/2023

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Daily (15.12.2023): European carbon prices plunged to their lowest in 14 months on Thursday amid continuous selling pressure and weaker demand

On Thursday, oil prices surged, as speculative traders took profits and investors showed an increased appetite for risk assets. This increase was prompted by a more relaxed stance from the Fed. Consequently, both contracts jumped by over 3%, with Brent crude closing at $76.61, and WTI crude ending at $71.58 per barrel.

read more... 15/12/2023

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France unveils plan to up investments in nuclear fusion, natural hydrogen

France will give the green light to new investments in nuclear fusion, natural hydrogen, energy storage and carbon capture, President Emmanuel Macron announced on Monday (11 December).

read more... 13/12/2023

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Daily (12.12.2023): European carbon prices hit a 14-month low on Monday, driven by falling gas prices

On Monday, oil prices saw a modest increase as investors were cautious in anticipation of a week filled with market reports and decisions on monetary policy. As a result, Brent crude closed slightly above $76, while WTI crude ended at $71.32 per barrel.

read more... 12/12/2023

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