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Daily (15.02.2021): Oil prices soared by 2% on Friday, despite bleak demand outlook
Crude oil prices rebounded sharply on Friday to hit 13-month highs. Despite a weak demand outlook reported by the International Energy Agency (IEA) and OPEC, both Brent crude and WTI oil surged by 2.1% to settle at $62.43 and $59.47 a barrel, respectively.
read more... 15/02/2021
Falck signs 10.5-MW solar PPA with Italian trading firm
Italian company Falck Renewables SpA said today it has signed a power purchase agreement (PPA) for a 10.5-MW solar park, currently under development.
read more... 15/02/2021
Rules of origin could threaten UK EV production
This would have significant implications for electric vehicle (EV) production and might require the UK to start importing battery metals including cobalt and lithium, according to UK battery developer Britishvolt.
read more... 15/02/2021
No EU funds for fossil-fuelled vehicles and power
Guidance issued today on national economic programmes financed under a €672.5bn EU recovery and resilience facility stated that conventional scrappage schemes — replacing internal combustion engine (ICE) cars with more efficient ICE models — are not compliant.
read more... 15/02/2021
Daily (12.02.2021): Energy prices retreated on Thursday after hitting record highs
Crude oil prices edged lower on Thursday following the downward revision of the global demand outlook from the International Energy Agency (IEA). Consequently, Brent oil slipped by 0.5% to $61.14 a barrel, while WTI crude lost 0.8% to trade at $58.24 a barrel.
read more... 12/02/2021