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Energy prices will ‘remain high and volatile until at least 2023’
Gas and electricity prices will “remain high and volatile until at least 2023” according to long term forecasts quoted in a draft of the European Commission’s communication on energy prices due to be published next month.
read more... 21/02/2022
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EU says it is prepared for partial disruption of Russian gas flows
The European Union would be able to cope with a partial disruption to gas imports from Russia, European Commission President Ursula von der Leyen said.
read more... 16/02/2022
Daily (11.02.2022): European Cal’23 power prices fell by over 2% on Thursday amid weaker EUAs, gas
Crude oil prices traded flat on Thursday as market participants awaited the conclusion of indirect nuclear discussions between the US and Iran, which might pave the way for increased crude supplies. Hence, Brent crude steadied at $91.41 a barrel. U.S. WTI crude added 0.3% to $89.88 a barrel.
read more... 11/02/2022
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New Polish gas plants will cost taxpayers billions, derail green transition
Poland’s plans to build five new gas power plants will cost more than investments into renewables and undermine efforts to reach net zero emissions, according to financial think tank Carbon Tracker.
read more... 11/02/2022
EU has failed to create gold standard for green finance
European countries and companies could end up defining their own standards on green investments if Brussels fails to impose the "gold standard" and classifies spending on gas and nuclear energy as sustainable, a Spanish minister said on Wednesday.
read more... 10/02/2022