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Portugal ranked 4th for renewable energy in Europe
According to the most recent figures of the Portuguese Association for Renewable Energies (Apren), in the month of August, Portugal produced 46.8% of its electricity from renewable power sources, earning for itself a fifth place in Europe and forth, if the cumulative energy stock for 2022 is counted. Portugal, in 2022, was able to produce 54.6% of its energy from renewables. This result is lower than Norway, Austria and Denmark which reach respectively 99%, 80% and 77%.
read more... 14/09/2022
EU to propose crisis measures to curb energy price spike
The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc, in a package designed to shield citizens and businesses from surging energy prices.
read more... 14/09/2022
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OPEC sticks to upbeat view on oil demand growth in 2022, 2023
OPEC on Tuesday stuck to its forecasts for robust global oil demand growth in 2022 and 2023 citing signs that major economies were faring better than expected despite headwinds such as surging inflation.
read more... 14/09/2022
Daily (13.09.2022): Carbon prices rebounded sharply on Monday as the market reacted to an unexpectedly strong auction result
Crude oil prices rebounded on Monday amid growing supply worries as winter approaches. However, the overall global economic concerns about a recession continue to limit the uptrend. Brent crude futures increased by $1.16, or 1.3%, to settle at $94.00 a barrel. U.S. WTI crude rose by 99 cents, or 1.1%, to close at $87.78 a barrel.
read more... 13/09/2022
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Czech government approves electricity, gas price cap
The Czech government agreed on Monday to cap electricity and gas prices next year to shield households from soaring prices on markets, Prime Minister Petr Fiala said.
read more... 13/09/2022