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Daily (24.01.2023): Prices for energy commodities have stabilised on Monday
Oil prices diverged on Monday. Brent crude rose by around 1%, to settle at $88.19 per barrel due to rising demand from China. However, WTI crude remained rather stable at $81.62 per barrel, amid persistent economic concerns.
read more... 24/01/2023
Portugal to launch first offshore wind auction, eyes 10 GW by 2030
Portugal expects to launch its first offshore wind power auction by the last quarter of this year, aiming to reach 10 gigawatts (GW) of installed capacity by 2030, Prime Minister Antonio Costa said on Monday.
read more... 24/01/2023
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Slovenia plans €3.5 billion investment in power distribution system
Slovenia plans to pour €3.5 billion into its power distribution system over the next 10 years to make it withstand the increased demand for electricity it expects will come with the green transition.
read more... 24/01/2023
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EU gas price cap risks curbing market liquidity
The European Union's gas price cap, which launches next month, could impact financial stability and potentially curb liquidity in Europe's exchange-traded gas markets, the bloc's financial and energy market regulators said on Monday.
read more... 24/01/2023
Poland earmarks $1 bln to help curb surge in household heating bills
Proposed measures to help Polish households cope with rising heating bills will cost 4.5 billion zlotys ($1.04 billion), according to a draft law posted on the parliament website on Friday.
read more... 23/01/2023