Latest news
UK’s power system emissions hit all-time low and wholesale power prices go negative
The two records were set over the weekend as renewable energy generation soared, coinciding with continued low demand due to the ongoing coronavirus lockdown.
read more... 27/05/2020
Daily (26.06.2020): German forward prices increased by over 2% on Monday tracking stronger carbon prices
Oil markets were relatively quiet with no significant movements on Monday due to Memorial Day in US and Spring Bank Holiday in the UK. However, o firmer demand and output cuts lent support to prices.
read more... 26/05/2020
Hard coal alliance proposes runtime extension for 'reserve' under Germany's phase-out - report
An alliance of hard coal plant operators plans to achieve an expansion of the runtime of Germany's seven most modern hard coal plants by proposing to shift them into an "energy transition reserve" to back up intermittent renewable power production, Christian Geinitz reports for the Frankfurter Allgemeine Zeitung.
read more... 26/05/2020
Orsted consortium plans offshore Power-to-X play
Orsted and a consortium of Danish companies have formed a landmark partnership to develop an industrial-scale transport fuel production facility in the Copenhagen area that will be powered by offshore wind in the Baltic Sea.
read more... 26/05/2020
Spain approves push for 100% renewables, bans all new fossil fuel projects
The Spanish Government has approved an ambitious draft climate law which seeks, among other things, to reach net zero emissions “no later than 2050, in coherence with the scientific criteria and the demands of the citizens.”
read more... 26/05/2020