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Daily (17.02.2022): European spot power prices dropped significantly on Wednesday, amid surging wind generation levels
Crude oil prices increased on Wednesday, amid renewed concerns over the Ukraine crisis due to widespread skepticism over the Russians’ actions. Nevertheless, gains were limited by an unexpected rise in weekly US crude stocks. As a result, Brent oil climbed by 1.6% to $94.81 a barrel and WTI crude rose by 1.7% to $93.66 a barrel.
read more... 17/02/2022
Hydrogen production in Germany ‘at the ready’ and about to boom
The German economy and climate protection minister, Robert Habeck, has said hydrogen would soon establish itself as a key component of the energy transition, according to a report carried by Der Spiegel.
read more... 17/02/2022
MEPs vote for faster offshore wind deployment
MEPs have voted to adopt the recommendations of a report to deploy offshore wind more quickly.
read more... 17/02/2022
EC must refrain from EU ETS intervention
The European Commission must avoid intervening in the EU ETS until a full report on carbon market trading by the European Security and Markets Authority (Esma) is published, 10 industry bodies said in joint letter late on Tuesday.
read more... 17/02/2022
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EU says it is prepared for partial disruption of Russian gas flows
The European Union would be able to cope with a partial disruption to gas imports from Russia, European Commission President Ursula von der Leyen said.
read more... 16/02/2022