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Daily (15.09.2022): EUAs increased on Wednesday as Brussels unveiled plans to reform the energy market
Oil prices increased on Wednesday as global energy analysts forecasted a rise in gas-to-oil change due to to high prices this winter despite the weaker demand outlook. Thus, Brent crude settled 1% higher at $94.10 a barrel, while WTI crude rose by 1.3% to end at $88.48.
read more... 15/09/2022
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France caps power prices increase at 15% next year to shield consumers
Power and gas price increases for French households will be capped at 15% next year, Prime Minister Elisabeth Borne said on Wednesday, as governments across Europe look to tackle prices that have soared after Russia's invasion of Ukraine.
read more... 15/09/2022
EU proposes windfall levies on energy firms to ease price pain
The European Union's executive plans to raise more than 140 billion euros ($140 billion) to shield consumers from soaring energy prices by skimming off revenues from low-cost electricity generators and making fossil fuel firms share windfall profits.
read more... 15/09/2022
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Spain urged to raise 2030 wind target to 63 GW
Spain should raise its 2030 wind capacity target from the current 50 GW in its energy roadmap to 63 GW, the country’s wind power lobby AEE lobby said on Wednesday.
read more... 15/09/2022
Daily (14.09.2022): Oil prices retreated on Tuesday, as concerns about the state of the global economy continue to dominate on the market
Crude oil prices declined, snapping a three-day rebound on Tuesday as U.S. consumer prices unexpectedly rose in August. Hence, Brent crude for November delivery settled 0.9% lower at $93.17 a barrel. U.S. WTI crude for October delivery lost 0.5%, to end at $87.31 a barrel.
read more... 14/09/2022