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Daily (11.02.2022): European Cal’23 power prices fell by over 2% on Thursday amid weaker EUAs, gas

Crude oil prices traded flat on Thursday as market participants awaited the conclusion of indirect nuclear discussions between the US and Iran, which might pave the way for increased crude supplies. Hence, Brent crude steadied at $91.41 a barrel. U.S. WTI crude added 0.3% to $89.88 a barrel.

read more... 11/02/2022

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RWE unveils 1GW renewables vision for German region

RWE intends to significantly expand its renewables activity in the German region of North Rhine-Westphalia, adding 1GW of renewables capacity by 2030.

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New Polish gas plants will cost taxpayers billions, derail green transition

Poland’s plans to build five new gas power plants will cost more than investments into renewables and undermine efforts to reach net zero emissions, according to financial think tank Carbon Tracker.

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Lead lawmaker eyes EU carbon market rules to respond to price spikes

European Parliament's lead negotiator on an overhaul of Europe's carbon market on Thursday said he was considering changes to rules that allow policymakers to intervene in the scheme if prices rise too fast.

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Daily (10.02.2022): European carbon prices lost around 6EUR on Wednesday amid an aggressive sell-off and British utilities swapping EUAs for UKAs

Crude oil prices rose on Wednesday, supported by an unexpected drop in US crude stocks. Gains, however, were limited by eased Russia-Ukraine tensions. As a result, Brent oil gained 0.9% at $91.55 a barrel and WTI crude edged 0.3% up at $89.66 a barrel.

read more... 10/02/2022

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