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‘Energy bills to stay high despite expected Ofgem price cap decrease’
The anticipated adjustments to Ofgem‘s price cap haven’t alleviated worries about persistently pricey energy bills, warns the End Fuel Poverty Coalition.
read more... 21/08/2023
Daily (18.08.2023): European carbon prices reached a three-week high amid speculative trading, reduced supply in August and positive technical indicators
On Thursday, oil prices experienced a recovery following three consecutive days of losses. The strength of the US economy and demand, along with tensions in the market, counteracted worries about the economic well-being of China. Thus, Brent crude increased by 0.8% to close at $84.12 a barrel, while WTI crude rose by 1.3% to settle at $80.39 a barrel.
read more... 18/08/2023
Europe adopts EUA border tax rule
The European Commission has adopted a new carbon border adjustment mechanism (CBAM) for certain imported goods, it said on Thursday.
read more... 18/08/2023
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German cabinet approves plan to triple pace of solar growth
German cabinet ministers have approved a set of measures to triple the speed of the country’s solar power expansion by 2026, the economy ministry said on Wednesday.
read more... 18/08/2023
French LNG sendout to stay low
French LNG regasification could remain subdued in the coming weeks as the country has little underground storage space remaining while demand could stay muted.
read more... 18/08/2023