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Spanish government 'considers intervention' in wholesale power market

The Spanish government is considering intervening in the wholesale electricity market to limit the impact on consumer bills of rising CO2 and gas prices, power industry sources said May 28.

read more... 31/05/2021

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Negative emissions ‘needed for post-2050 targets’

Negative greenhouse gas (GHG) emissions technologies will be needed not just to reach carbon neutrality by or around 2050, but also for setting targets beyond 2050, a German think-tank says.

read more... 28/05/2021

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German gas capacity fees to fall next year

Germany's gas system operators have published transport capacity fees applicable from 1 January 2022, which would fall from those set for October-December 2021, the first three months of the planned joint Germany VTP (Trading Hub Europe) market area.

read more... 28/05/2021

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Daily (26.05.2021): British gas prices moved upwards on Tuesday amid supply concerns, low storage and bullish carbon prices

Crude oil prices move a shade higher on Tuesday following the massive fluctuations last week and at the beginning of this week, with traders keeping an eye on developments in talks aimed at reviving the Iran nuclear deal. The approaching high season for oil and lifting restrictions in much of Europe and the United States provide further support to oil prices. Hence, Brent crude added 0.3% to settle at $68.65 a barrel. Meanwhile, U.S. WTI crude ended rather flat at $66.07 a barrel.

read more... 26/05/2021

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France’s Total inks 5-year LNG supply agreement with AMNS in India

France’s Total and ArcelorMittal Nippon Steel (AMNS) have signed an agreement for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year until 2026.

read more... 26/05/2021

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