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Daily (10.12.2020): Interest from investors pushes EUAs near the €30-mark
Oil prices were pressured on Wednesday by a significant increase in US crude inventories. However, losses were limited amid hopes that the Covid-19 vaccine will boost oil demand. Brent oil ended leveled with Tuesday’s close at $48.86 a barrel, while WIT crude edged 0.2% lower at $45.52 a barrel.
read more... 10/12/2020
Strikes over nuclear reform plan reduce French power generation
The Penly 1 reactor is operating at limited capacity due to the strike, down 1,070 megawatts (MW) to 260 MW. The drop in production is expected to continue until the end of the strike Thursday evening, the data showed
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UK airport capacity must be limited for net zero
The UK government must implement airport capacity restrictions in order to achieve net zero by 2050, the UK's Climate Change Committee (CCC) said today in its advice on the country's sixth carbon budget.
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Greece becomes ‘most important hub for alternative gas’ in Southeast Europe
As the Trans-Adriatic Pipeline (TAP) became operational last month, a Greek official stated that his country had become the most important hub for gas from sources other than Russia in Southeastern Europe, also thanks to its LNG terminals.
read more... 10/12/2020
Daily (09.12.2020): Oil prices ended rather steady on Tuesday as surging COVID-19 cases dampened other positive news
Crude oil futures posted little changes on Tuesday as the potential for expanded lockdown measures countered news about the beginning of vaccination programs across Western economies this week and EIA’s forecast of higher oil prices in 2021. Hence, Brent crude added 0.1% to end rather flat at $48.84 a barrel. Meanwhile, WTI crude settled at $45.60 a barrel, posting a 0.4% loss day-on-day.
read more... 09/12/2020