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Daily (16.04.2024): Day ahead power contracts rocketed on Monday amid low renewables
Oil prices fell slightly on Monday as the Iranian attack on Israel appeared to be less destructive than anticipated. Brent crude decreased by 0.4% to $90.10 a barrel, while WTI crude experienced a 0.3% drop to settle at $85.41 a barrel.
read more... 16/04/2024
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EU countries to pledge help for solar sector, but no trade curbs on China
Most European Union countries are set to commit more support to help Europe's ailing solar panel manufacturers on Monday, but steer clear of restrictions on cheap panel imports from China, a draft document showed.
read more... 16/04/2024
France announces simplification measures for geothermal permitting
France’s Ministry of the Economy, Finance, Industrial and Digital Sovereignty has announced measures to simplify the mining procedures related to geothermal energy, CO2 storage, and critical minerals. Among other improvement, the new measures aim to cut the permitting time by half for exclusive research permits related to geothermal projects.
read more... 16/04/2024
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Europe is not meeting its cross-border grid connection goals
As EU energy ministers meet in Brussels to discuss grid expansion, the EU electricity market watchdog ACER warned on Friday (12 April) that Europe’s key grid connections are not sufficiently dedicated to electricity trading between neighbouring countries.
read more... 16/04/2024
Daily (15.04.2024): Carbon prices surpassed the 70 EUR/tonne mark on Friday
Oil prices rose on Friday to their highest level in more than five months, boosted by the prospect of an Iranian retaliation against Israel and the possibility of a disruption in the supply of black gold. Brent crude increased by 1% to $90.45 a barrel, while WTI crude experienced a similar 1% rise to $85.66 a barrel.
read more... 15/04/2024