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Daily (18.10.2024): Energy prices have stabilised on Thursday
Oil prices edged higher on Thursday due to a technical rebound, but market sentiment remained cautious due to concerns over weak global demand. Brent crude rose by 0.3%, closing at $74.45 per barrel, while WTI crude increased by 0.4%, settling at $70.67 per barrel.
read more... 18/10/2024
Daily (17.10.2024): European carbon prices fell by 3% on Wednesday amid low demand
Oil prices inched down on Wednesday as traders tempered expectations of an imminent Israeli strike on Iran's energy infrastructure, while continuing to absorb reports of weak global demand. Brent crude was rather stable at $74.22 per barrel, while WTI crude decreased by 0.3%, settling at $70.39 per barrel.
read more... 17/10/2024
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EU ministers divided over best response to power price hikes
EU energy ministers are divided over how best to respond in the short-term to power price spikes, it emerged during their meeting in Luxembourg on Tuesday.
read more... 17/10/2024
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France set to bet on floating wind in 10 GW tender
The French government is expected to announce on Friday that floating projects will comprise 60% of its 10 GW offshore wind tender to be launched in early 2025, a French renewable energy lobby has said.
read more... 17/10/2024
IEA forecasts continued nuclear capacity growth to 2050
Global nuclear generating capacity is expected to increase from 416 GWe in 2023 to 647 GWe in 2050 in a scenario based on existing energy policies, according to the latest World Energy Outlook from the International Energy Agency.
read more... 17/10/2024