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Italy’s Regulated Power Bills Seen Sharply Down Due to Low Gas Prices
Low natural gas prices this winter season will result in significant declines in regulated electricity prices for households in Italy in the second quarter of the year, according to the Italian energy authority ARERA.
read more... 14/03/2024
Daily (13.03.2024): Oil prices experienced a modest decline on Tuesday due to inflation and OPEC worries
On Tuesday, oil prices saw a slight decrease due to a higher than anticipated US inflation index, coupled with rising concerns over the compliance with OPEC production cap. Brent crude fell by 0.3% at $81.92 a barrel, while WTI crude slipped by 0.4% to $77.56 a barrel.
read more... 13/03/2024
Germany launches green subsidies for industry
Germany on Tuesday launched a bidding process for subsidies to support energy-intensive firms switching to green production in a 4 billion euros ($4.37 billion) funding round, the economy ministry said on Tuesday.
read more... 13/03/2024
EU Parliament approves law to make buildings more energy efficient
The European parliament approved a new law on Tuesday that requires member states to push the renovation of buildings to make them more energy-efficient and reduce the EU's carbon emissions.
read more... 13/03/2024
Daily (12.03.2024) : EUAs lost almost 4% on a daily basis on Monday, tracking bearish gas prices
On Monday, oil prices were rather constant due to uncertainty surrounding the fluctuating demand from China. Brent crude edged 0.2% higher at $82.21 a barrel, while WTI Crude slipped by 0.1% to $77.93 a barrel.
read more... 12/03/2024