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Daily (25.02.2021): Carbon EUAs gained 1.2% on Wednesday amid a rising energy market
Crude prices continued to climb on Wednesday, supported by a decline in US oil supply after a historically cold weather hit the country's main oil regions. As a result, Brent crude increased by 2.6% to $67.04 a barrel and WTI oil rose by 2.5% to $63.22 a barrel.
read more... 25/02/2021
Ukraine warns of reduction in Russian gas flows to Europe amid high energy demand
Russian state-controlled gas monopoly Gazprom is to reduce gas transit volumes across Ukraine to Europe, despite high demand on the continent due to persistent cold weather.
read more... 25/02/2021
US power generation by renewables exceeded 20% in 2020
Electrical generation by US wind and solar set new records in 2020. In fact, it was 16.7% greater in 2020 than a year earlier, according to a SUN DAY Campaign analysis of new data just released by the US Energy Information Administration (EIA).
read more... 25/02/2021
German solar batteries demand soar by nearly 50% in 2020
Demand for German solar batteries soared by 47% last year.
read more... 25/02/2021
Daily (24.02.2021): Oil prices stable after record highs, but general bullish sentiment is surrounding the market
Crude oil prices diverged on Tuesday, but ended rather flat after hitting fresh 2021 highs amid a lack of major events to impact the oil sellers. Hence, Brent crude added 0.2% to settle at $65.37 a barrel, buoyed by signs that global coronavirus restrictions were being eased. Meanwhile, U.S. WTI crude steadied at $61.67 a barrel amid uncertainty about the return of Texas crude production and concerns about the pace of a U.S. economic recovery.
read more... 24/02/2021