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Daily (14.05.2024): Carbon prices fell at their lowest level since May 1st amid extended sell-offs

On Monday, oil prices rebounded after a series of Ukrainian strikes on Russian storage and refining sites, along with signs of strengthening demand in the United States. Hence, Brent crude slightly rose by 1% to $83.36 per barrel, and WTI crude increased by 1 % $79.12 per barrel.

read more... 14/05/2024

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European Commission Ends Probe Into Chinese Solar Firms

The European Commission will end an investigation into Chinese solar companies after the firms withdrew from bidding for a solar power project in Romania, Thierry Breton, the European Internal Market Commissioner said on Monday.

read more... 14/05/2024

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EDF secures 'green' financing for extended operation of reactors

French utility EDF has signed green bank loans for a total amount of about EUR5.8 billion (USD6.3 billion), which will be used to finance the life extension of its existing nuclear power plant fleet in France.

read more... 14/05/2024

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New EU scheme could hike petrol, gas prices higher than expected

The EU’s new carbon pricing scheme for road and heating fuels (ETS2) – set to be introduced across the bloc in 2027 – could lead to higher price hikes than initially thought, key lawmakers told Euractiv.

read more... 14/05/2024

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Daily (13.05.2024 ) : EUAs retreated from a 4-month high, exerting pressure on the entire energy complex

Oil prices retreated on Friday, on the back of ongoing peace talks in the Middle East region, despite positive economic data from China. Hence, Brent crude slightly decreased to $82.79 per barrel, and WTI crude fell to $78.26 per barrel.

read more... 13/05/2024

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