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EU carbon price to hit €400 mark with 90% climate goal

The European Union’s new climate commissioner, Wopke Hoekstra, made written commitments on Wednesday (4 October) to defend a 90% cut in net greenhouse gas emissions by 2040, a move that financial analysts say will send EU carbon prices above the €400 mark.

read more... 06/10/2023

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Germany approves bringing coal-fired power plants back online this winter

Germany's cabinet on Wednesday approved putting on-reserve lignite-fired power plants back online from October until the end of March 2024, the economy ministry said, as a step to replace scarce natural gas this winter and avoid shortages.

read more... 05/10/2023

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British Gas continues offering 50% off electricity bills

British Gas is continuing to provide customers with a 50% discount on their electricity bills as they extend their PeakSave Sundays scheme until the end of December.

read more... 04/10/2023

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Grid fees remain key sticking point as EU finalises hydrogen rules

As the European Union finalises its hydrogen and gas rulebook, key issues remain on how to remunerate network operators for building and maintaining Europe’s future hydrogen grid.

read more... 29/09/2023

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Daily (29.09.2023): Forward gas prices extended losses on Thursday amid ample supply and high inventory levels

Oil prices lost ground on Thursday, driven by profit-taking after the previous day's increase. Thus, Brent crude fell by 1.2% to settle at $95.38 a barrel, while WTI crude tumbled by 2% to close at $91.71 a barrel.

read more... 29/09/2023

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