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Daily (21.02.2024): British near-term gas prices turned bullish on Tuesday due to reduced Norwegian flows and stronger demand
On Tuesday, oil prices fell due to concerns over a recession and weaker demand. Brent crude dropped by 1.5% to $82.34, while WTI Crude decreased by approximately 2% to $77.04, despite potential supply disruptions caused by the ongoing political conflict in the Middle East.
read more... 21/02/2024
The Belgian Presidency’s plan to unblock the EU’s energy taxation directive
Euractiv got hold of the Belgian Presidency’s plan to unblock the EU Energy Taxation Directive, which is currently stuck because of the unanimity rule applying to tax matters.
read more... 21/02/2024
EU reaches deal on world’s first carbon removal certification scheme
European Union legislators reached a political agreement in the early hours of Tuesday (20 February) on a proposal to set up the world’s first registry for certified carbon dioxide removals obtained from eco-farming practices and industrial processes.
read more... 20/02/2024
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Clock ticking as EU tries to unblock energy taxation directive
The French electricity sector fears that the revision of the EU’s energy taxation directive will fail before the June European elections, despite a last push by the Belgian EU presidency, which is seeking to break the deadlock in the Council of the EU.
read more... 20/02/2024
Germany to earmark 4 bln euros for industry decarbonisation subsidies
The German government will earmark some 4 billion euros ($4.31 billion) for subsidies to support energy-intensive firms switching to green production, a government source told Reuters on Friday.
read more... 19/02/2024