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Daily (18.02.2021): Carbon EUAs dropped by 2% on Wednesday, tracking a weaker energy complex
Crude oil prices resumed their bullish trend on Wednesday, lifted by supply disruptions due to a historic cold spell in the United States. As such, Brent crude ended 1.6% higher at $64.34 a barrel and WTI oil rose by 1.8% to $61.14 a barrel.
read more... 18/02/2021
Neoen wins 81.6 MWp of solar in French tenders
France’s Neoen SA has secured 81.6 MWp of solar projects in government tenders that were completed at its home country in the past few months.
read more... 18/02/2021
Russia, Saudi Arabia Vow Continued Coordination In Oil Policy
Saudi Arabia and Russia would like to continue their coordination to support oil market stability, the leaders of the two most influential members of the OPEC+ production pact said during a telephone conversation this week.
read more... 18/02/2021
Europe Divided Over The Future Of Nuclear
In Western Europe, nuclear energy is being hit by a political and ideological storm. The refusal to integrate it into the “green investment” label of the European taxonomy was yet another proof of Brussels’ unwillingness to continue the nuclear gamble, and rather prioritize hydrogen, offshore wind, and solar.
read more... 18/02/2021
Daily (17.02.2021): Oil prices held gains on Tuesday amid global vaccine roll-out, cold weather and hopes about economic recovery
Crude oil prices diverged, but ended little changed on Tuesday, with Brent crude hovering near 13-month highs at $63.35 a barrel, as the market was monitoring the progress of vaccination campaigns against Covid-19. Freezing cold that is hitting the United States and optimism about economic recovery added further support to oil prices. Meanwhile, U.S. WTI crude settled at $60.05 a barrel, declining modestly by 0.2% day-on-day.
read more... 17/02/2021