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Spanish parliament approves clean energy bill

Spain's parliament approved Thursday a clean energy bill aimed at achieving carbon neutrality by 2050 in line with EU targets, while also banning the sale of fossil fuel vehicles by 2040.

read more... 14/05/2021

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Daily (13.05.2021): Carbon EUAs climbed by more than 4% on Wednesday, on strong auction results and investor interest

Oil prices increased on Wednesday, as crude inventories in the United States diminished slightly. Meanwhile, the tense situation at some American gas stations, after the shutdown of a major pipeline, lent additional support to prices. Hence, Brent oil was 1.1% up at $69.32 a barrel and WTI crude ended 1.2% higher at $66.08 a barrel.

read more... 13/05/2021

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Ofgem consults on subsea grid links

The regulator seeks views about subsea electricity transmission links that will connect Scotland and England along the east coast

read more... 13/05/2021

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GE eyes 100% hydrogen-fuelled power plants by 2030

While fossil gas is often seen as a transition fuel towards a fully decarbonised energy mix, GE Gas Power sees low-carbon gas as “a destination technology” with the potential to convert power plants to run 100% on clean hydrogen by 2030.

read more... 13/05/2021

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EU confirms carbon market permit surplus grew in 2020

The amount of permits in circulation in Europe's carbon market increased last year, as the COVID-19 pandemic caused emissions covered by the scheme to drop, the European Commission said on Wednesday.

read more... 13/05/2021

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