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Daily (23.02.2022): European front-year electricity prices jumped over 6% on Tuesday amid fuels rally, Ukraine tensions
Oil prices continued to rise on Tuesday, with Brent crude marking its highest settlement price since 2014 after Russian troops entered eastern Ukraine, raising concerns of disruptions to supply from Europe’s main energy supplier. Hence, Brent crude increased by $1.52, or 1.5%, to settle at $96.84 a barrel. U.S. WTI crude rose by 0.4% to end at $91.91 a barrel.
read more... 23/02/2022
EU advisers concerned about plan for green labels on gas, nuclear investments
Experts advising on the European Union's sustainable finance taxonomy are concerned a draft plan to include gas and nuclear relies too heavily on promises to make those fuels green in future, rather than assessing their real impact today.
read more... 19/01/2022
Electricity from fossil fuels reaches all-time low in the UK
Power generated from fossil fuels in the UK’s electricity grid has fallen to an all-time low, according to data from Drax Electric Insights.
read more... 06/01/2022
EU plans single database to certify carbon content of hydrogen, low-carbon fuels
The European Commission is preparing to launch an EU-wide database to certify the carbon footprint of hydrogen and other low-carbon fuels in a harmonised way.
read more... 19/11/2021
UK keen to back African clean energy projects amid $13 bil investments: official
The UK is interested in supporting green hydrogen and renewables development in Africa amid an investment pipeline of over $13 billion in clean energy, a government official said Nov. 9, as the country halts overseas assistance for fossil fuels projects in the continent.
read more... 10/11/2021