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Daily (06.03.2024): Carbon prices rose by 6% on Tuesday, reaching the biggest daily gain in 15 months
Oil prices saw a minor decrease due to low demand on Tuesday, despite potential supply interruptions stemming from the current political unrest in the Middle East. Brent crude fell by 1% to $82.04, and WTI Crude also dipped by around 1% to $78.15.
read more... 06/03/2024
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Germany’s gas tariff puts EU energy solidarity at risk
Germany’s levy on cross-border gas trading puts the EU’s energy solidarity at risk and hurts efforts to cut the bloc’s reliance on Russian gas, the bloc’s energy commissioner and deputy Czech PM told reporters on Monday (4 March) following a meeting of EU energy ministers.
read more... 06/03/2024
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Pro-nuclear countries back total opening up of EU funding for nuclear
Nuclear technologies should benefit from all types of EU funding, such as the European Investment Bank (EIB) and innovation funds, the French-led nuclear alliance, which now has 12 EU member states, said at its meeting on Monday (4 March).
read more... 06/03/2024
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Italy's green transition efforts held back by lack of big solar projects
Italy's energy transition is building on a myriad of solar panels mounted on roofs, but the country has installed far fewer large plants than its neighbours, data seen by Reuters show, signalling hurdles on Rome's path to decarbonisation.
read more... 06/03/2024
Daily (05.03.2024): Gas and carbon prices extended their gains on Monday amid cold weather forecasts and reduced LNG flows
Oil prices retreated on Monday despite recent production cuts extensions declared by the OPEC+ members, as worries about demand outweighed. Consequently, the Brent crude oil fell by 1% to settle at $82.80 a barrel, while WTI crude tumbled by 1.5% to stand at $78.74 a barrel.
read more... 05/03/2024