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Daily (24.08.2017): Carbon prices hit new 6-month high on Wednesday

Oil prices soared on Wednesday after U.S. crude inventories dropped for the eighth straight week and as a storm approached the Gulf Coast with the potential to disrupt the production of oil and refined products. Brent crude futures settled 70 cents up to $52.57 a barrel, while U.S. West Texas Intermediate was trading at $48.41, up 58 cents.

read more... 24/08/2017

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EU approves Czech aid for low-carbon refueling network

The Czech Republic obtained the EU approval for the plans to develop a network of refueling and recharging stations for low-carbon vehicles, as these are in line with the state aid regulations.

read more... 21/08/2017

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Daily (18.08.2017): European carbon prices hit €6 on Thursday to reach a new 5.5-month high

Oil prices rose on Thursday as the EIA data showed commercial U.S. crude stocks have dropped by almost 13%, being at present lower than in 2016. Traders consider that the oil market is becoming more balanced and U.S. stocks might fall below the 5-year average in next 2 months. However, increasing U.S. output has been undermining efforts by the OPEC and non-OPEC producers to drain a global fuel glut. Brent edged up by 1.5% to $51.03 a barrel, while WTI price surged by 0.66% to end at $47.09 a barrel.

read more... 18/08/2017

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Switzerland to join the EU carbon market

The Swiss Federal Council has made the decision to endorse into a project that will join the Swiss carbon market with EU’s.

read more... 18/08/2017

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Cadent Gas to propose hydrogen to the North West gas grid

British gas distribution network Cadent Gas revealed that it intends to launch hydrogen into the North West England gas network, with the intention to revolutionize the energy system and decarbonize heat.

read more... 10/08/2017

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