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German government row over Nord Stream 2
The honeymoon period of the new German “traffic light” government may officially be over: vice chancellor Robert Habeck has threatened to block the contentious Nord Stream 2 gas pipeline as part of sanctions against Russia, revealing tensions within the coalition over the project.
read more... 21/12/2021
Nordic power price hits record high amid Europe
The reference power price for the Nordic region hit a record high on Monday, with prices in southern Norway scaling new heights for a second consecutive day, driven by colder weather and even more elevated prices in continental Europe and Britain.
read more... 21/12/2021
Daily (20.12.2021): European carbon prices lost nearly 14% on Friday, on liquidated market positions ahead of the Dec21 EUA expiry
Crude oil prices ended lower on Friday, weighed by concerns over demand for black gold amid a rising number of Covid-19 Omicron variant infections. Consequently, Brent oil dropped by 2% to $73.52 a barrel and WTI crude fell by 2.1% to $70.86 a barrel.
read more... 20/12/2021
Polish household power bills to rise by 24% in 2022
Customers of Polish energy companies Enea, PGE, Tauron and Energa will have to pay around 24% more for energy in 2022, based on tariffs approved by Poland's Energy Regulatory Office on Friday.
read more... 20/12/2021
EU energy talks dissolve over carbon, green finance fights
Talks between European Union country leaders on energy policy ended with no agreement on Thursday (16 December), as states squabbled over how to respond to record-high carbon prices and upcoming green investment rules.
read more... 20/12/2021