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Daily (28.02.2023): Carbon prices rose on Monday amid compliance buying and lack of vendors.
Oil prices slipped on Monday amid slowing demand and expectations that central banks will further tighten their monetary policy. Consequently, Brent crude edged lower by 0.8% to $82.45 a barrel and WTI oil ended 0.8% down at $75.68 a barrel.
read more... 28/02/2023
Italy seeks 6 billion euros from REPowerEU plan, more time to spend COVID funds
Italy is in talks with European Union authorities to secure at least 6 billion euros ($6.33 billion) under the so-called REPowerEU plan to completely wean itself off Russian gas and boost efforts to make its economy more green, sources said.
read more... 28/02/2023
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Spain, Netherlands back quick deal on EU power market reform
Spain and the Netherlands have backed a rapid deal on an upcoming revamp of Europe's electricity market, as countries seek to reduce power costs and help their industries compete in global markets.
read more... 28/02/2023
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Germany seeks to link all wind parks in North Sea
The German government said on Monday that it wants to set up a new power line network to connect its own offshore wind parks with those of its North Sea neighbours in order to eliminate bottlenecks in the European energy market. Governments in northwestern Europe are hoping that wind power at sea will provide a large share of their future clean energy needs.
read more... 28/02/2023
Daily (27.02.2023): Power prices increased on Friday amid rising gas and coal prices
Oil prices rose on Friday due to the prospect of lower Russian exports which counterbalanced rising US stocks. Consequently, Brent crude increased by 1.1% to $83.16 a barrel and WTI oil ended 1.2% higher at $76.32 a barrel.
read more... 27/02/2023