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Daily (26.04.2023): European carbon prices fell to a 3-month low on Tuesday amid continued selling pressure
Oil prices tumbled to their lowest level since late March before the announcement of a production cut by OPEC+. As a result, Brent and WTI crude declined by more than 2% day-on-day, to settle at $80.77 and $77.07 a barrel respectively as risk appetite has affected the market.
read more... 26/04/2023
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Power outages hit Nordic electricity system
The Nordic electricity power system was disrupted early on Wednesday, and two Swedish nuclear power reactors were disconnected, Finnish grid operator Fingrid and its Swedish counterpart said.
read more... 26/04/2023
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EU opens joint gas buying with eye to winter energy security
The European Union launched a scheme on Tuesday for European companies to place orders to jointly buy gas, with the aim of ensuring Europe has enough fuel and avoiding a repeat of last year's record-high energy prices.
read more... 26/04/2023
Multinational consortium to build hydrogen hub in German port city
Agroup of seven German energy firms are collaborating to build 10GW of green hydrogen generation capacity by 2030. The deal aligns with Germany’s hydrogen targets for the same period.
read more... 26/04/2023
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Lithuania to decide on withdrawal from Russia-Baltic power treaty by Aug. 6
Lithuania will make a decision on whether to withdraw from a treaty governing the common power grid of Russia, Belarus and the three Baltic States by Aug. 6, based on a review of studies into the potential impact, its energy minister said on Monday.
read more... 25/04/2023