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Spanish government 'considers intervention' in wholesale power market
The Spanish government is considering intervening in the wholesale electricity market to limit the impact on consumer bills of rising CO2 and gas prices, power industry sources said May 28.
read more... 31/05/2021
Planned revision of EU renewables law opens door to geothermal
A leak of the planned revision for Europe’s key renewable energy legislation bodes well for geothermal energy, but it still does not go far enough to support a full rollout of the technology, according to the industry.
read more... 31/05/2021
Daily (28.05.2021): CO2 prices fell by over 3% on Thursday amid a weak complex, the release of UK ETS
Crude oil prices increased on Thursday, with Brent crude trading just below $70 a barrel as the potential of increased Iranian supply due to the lifting of US sanctions on the country was not been able to offer any direction to the market. Hence, Brent crude rose by 0.9% to settle at 69.46 a barrel. Meanwhile, U.S. WTI crude moved 1% higher at 66.85 a barrel.
read more... 28/05/2021
Negative emissions ‘needed for post-2050 targets’
Negative greenhouse gas (GHG) emissions technologies will be needed not just to reach carbon neutrality by or around 2050, but also for setting targets beyond 2050, a German think-tank says.
read more... 28/05/2021
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German gas capacity fees to fall next year
Germany's gas system operators have published transport capacity fees applicable from 1 January 2022, which would fall from those set for October-December 2021, the first three months of the planned joint Germany VTP (Trading Hub Europe) market area.
read more... 28/05/2021