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Daily (18.02.2020): Carbon prices above the €25-threshold amid a bullish wider energy complex

Crude oil futures edged higher on Monday as the coronavirus-related demand worries have been offset by output cuts from major oil producers. Brent crude rose by 35 cents, or 0.6% to settle at $57.67 a barrel. U.S WTI crude increased by 0.5% to end at $52.31 a barrel. However, trading volumes were thin due to the U.S. Presidents’ Day holiday.

read more... 18/02/2020

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ScottishPower announces 100% green electricity tariffs

Energy supplier ScottishPower has announced that from today domestic fixed-price tariffs will be supplied by 100% green electricity generated by the company’s own UK windfarms.

read more... 18/02/2020

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Europe adds 15.4 GW of wind in 2019

Europe added 15.4 GW of new wind power generation capacity in 2019, up by 27% from a year ago, industry body WindEurope announced today.

read more... 18/02/2020

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M.Pompeo pledges $1 billion for EU energy projects to reduce Russia reliance

U.S. Secretary of State Mike Pompeo said on February 15 at the Munich Security Conference that Washington pledged "up to $1 billion" to boost energy projects in eastern Europe as part of efforts to reduce reliance on Russian natural gas.

read more... 18/02/2020

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Daily (17.02.2020): Oil posts the first weekly gain since early January on potential OPEC further output cuts

Crude oil futures rebounded on Friday amid easing concerns over the impact of the lethal coronavirus outbreak on the global energy demand. Meanwhile, prices got some support from signals that OPEC and its allies may intervene to prop up the market.

read more... 17/02/2020

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