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Spain, Portugal to approve gas price cap on Tuesday
The governments of Portugal and Spain will decree on Tuesday the introduction of a Brussels-backed temporary cap on reference prices of natural gas and coal used by power plants, Portuguese Prime Minister Antonio Costa said on Monday.
read more... 10/05/2022
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Lithuania launches gas link with Poland
A gas pipeline connecting the Baltic states and Finland to the EU's single gas network became operational on Thursday, the Lithuanian Ministry of Energy has announced.
read more... 10/05/2022
Daily (09.05.2022): European carbon prices soared to a new teen-week high on Friday amid robust buying
Crude oil prices increased on Friday as looming European Union sanctions on Russian oil raised the prospect of tighter supply, with traders dismissing concerns about global economic growth. Brent crude rose by $1.49, or 1.3%, to settle at $112.39 per barrel. U.S. WTI crude increased by $1.51, or 1.4%, to end at $109.77 a barrel.
read more... 09/05/2022
BayWa r.e. plans tender for 10 TWh of renewable power in Europe
Renewables developer and power producer BayWa r.e. AG said today it intends to issue a tender for corporate power purchase agreements (CPPA) in the autumn of 2022.
read more... 09/05/2022
China freezes out 12.8GW of overseas coal projects
Despite progress, 19.2GW of coal projects remain in a grey area of China’s “no new coal overseas” policy and could still go ahead, according to analysis from energy think tank CREA.
read more... 09/05/2022