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UAE and U.S. reach deal for $100 billion in clean energy projects
The United States and United Arab Emirates have reached an agreement to spend $100 billion on clean energy projects with a goal of adding 100 gigawatts globally by 2035, U.S. Secretary of State Antony Blinken said on Tuesday.
read more... 02/11/2022
Daily (01.11.2022): Energy prices lost ground on Monday due to recession worries, mild weather, high gas storage levels, low demand
Oil prices extended losses on Monday amid weak economic data from China due to widening COVID-19 curbs. Furthermore, a potential rise in US production also put pressure on prices. Thus, Brent crude decreased by 1% to close at $94.83 a barrel. At the same time, WTI crude fell by 1.6% to $86.53 a barrel.
read more... 01/11/2022
European renewable certificates at all-time high amid hydropower shortage
The market for European renewable energy guarantees of origin (GOs) has been heating up in recent weeks, with prices breaking the Eur6/MWh mark due to a persistent shortage of hydropower and strong demand from corporate buyers.
read more... 01/11/2022
UK energy price caps will help to reduce inflation
Britain's energy price cap for consumers and government-funded discounts on bills for businesses will push official measures of inflation lower, the country's statistics office said on Monday.
read more... 01/11/2022
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Germany finalises details of planned gas price cap
Germany's expert gas commission on Monday presented proposals to the government for a gas price cap in Europe's biggest economy to help citizens cope with soaring energy prices and encourage companies to remain in the country and preserve jobs.
read more... 01/11/2022