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Portugal expects deal to disconnect power prices from gas prices 'very soon'

Portugal expects talks with Spain and Brussels on a temporary mechanism to decouple Iberian electricity prices from soaring natural gas will be concluded in a matter of weeks, Environment Minister Duarte Cordeiro said on Wednesday.

read more... 22/04/2022

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Daily (21.04.2022): NBP spot jumped on Wednesday as maintenance curbed Norwegian flows

Oil prices changed slightly on Wednesday as concerns about economic growth and oil demand stagnation persist. Consequently, Brent crude edged 0.4% lower at $106.80 a barrel. U. S. WTI Crude edged 0.3% lower at $102.19 a barrel.

read more... 21/04/2022

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European Commission analysing higher 45% renewable energy target for 2030

The European Commission is assessing whether the European Union could achieve a higher target of a 45% share of renewable energy by 2030, instead of its proposed 40%, to accelerate its shift from Russian fossil fuels following the invasion of Ukraine.

read more... 21/04/2022

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EU lawmakers seek swift deal on emergency rules to fill gas storage

European Parliament lawmakers, negotiating emergency rules to fill Europe's gas storage, are pushing for a deal in the next two months to build a supply buffer in time for winter when gas demand for heating peaks.

read more... 21/04/2022

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Denmark proposes corporate carbon tax to meet climate target

Denmark's government on Wednesday proposed introducing a uniform carbon tax for companies as a way to reach the country's ambitious climate target.

read more... 21/04/2022

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