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Enel targets PPAs for just ‘small part’ of European mix
Italian utility Enel Green Power plans to use long-term power purchase agreements (PPAs) for just a "small part" of its European electricity mix, as it counts on other options to finance its renewable project pipeline in the region, chief executive Salvatore Bernabei said today.
read more... 01/02/2021
UK battery storage developer Eelpower signs joint venture deal with Swiss fund
UK battery storage developer Eelpower has entered a joint venture agreement with SUSI Infrastructure Partners of Switzerland to accelerate the rollout of Eelpower's UK energy storage portfolio, Eelpower and SUSI Partners said Jan. 25.
read more... 26/01/2021
Daily (22.01.2021): Carbon prices rose by nearly 4% on Thursday, supported by investor’s interest and cold weather outlooks
Oil prices closed rather flat on Thursday. The United States’ return to the Paris climate agreement and the discontinuation of the Keystone XL pipeline project put pressure on oil prices. On the other hand, prices received support from the US fiscal stimulus package. Consequently, Brent oil settled on par with Wednesday’s close at $56.10 a barrel, while WTI crude edged 0.3% lower at $53.13 a barrel.
read more... 22/01/2021
Daily (08.01.2020): European carbon prices approached 35 EUR on Thursday, hitting a new all-time high amid a strong energy complex
Crude oil prices were rather flat on Thursday, but remained at 11-month peaks, as investors focused on recent OPEC+ agreement to curb output instead of political turmoil in the United States. Hence, Brent crude added 0.2% to end at $54.38 a barrel. Meanwhile, U.S. WTI crude gained 0.4% to finish at $50.83 per barrel.
read more... 08/01/2021
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Daily (06.01.2020): Oil prices surged by about 5% on Tuesday amid OPEC output deal, Iran tensions
Crude oil futures rallied on Tuesday, after OPEC+ reached an agreement on production curbs starting in February, with Saudi Arabia voluntarily taking on a larger reduction. Continuing tensions over Iran’s seizure of a South Korean vessel brought further support to oil prices. Hence, Brent crude jumped by $2.51, or 4.9%, to settle at $53.60 a barrel. Meanwhile, U.S. WTI crude surged by $2.31, or 4.9%, to close at $49.93 a barrel.
read more... 06/01/2021