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Daily (13.10.2021): Energy prices faced small fluctuations on Tuesday, but the market remains highly nervous
Oil prices evolved differently on Tuesday to end the session little changed amid concerns that higher energy costs could affect the global economic recovery. Hence, Brent crude lost 0.3% to $83.42 a barrel. U.S. WTI crude added 0.2% to $80.64 a barrel.
read more... 13/10/2021
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Germany's wpd to invest $578 million in North Macedonia wind park
German wind and solar park developer wpd will invest 500 million euros ($578 million) to build a 400 megawatt (MW) wind park in North Macedonia, the Balkan country’s prime minister, Zoran Zaev, said on Tuesday.
read more... 13/10/2021
Consortium plans 700-MW blue hydrogen project in Thames with Scottish CCS by 2027
A consortium of companies plans to develop a 700-MW low-carbon hydrogen production facility on the UK's Thames estuary, partnering with the Scottish Acorn carbon capture and storage project, the groups said in a statement Oct. 12.
read more... 13/10/2021
France Bets On Nuclear, Hydrogen For Zero-Emission Power
France aims to become a leader in green hydrogen production and reinvent nuclear power by building a small modular reactor by 2030 as part of a wider $34.6 billion (30 billion euro) plan to decarbonize industry and slash emissions, French President Emmanuel Macron said on Tuesday.
read more... 13/10/2021
Daily (12.10.2021) Oil prices rose by 1.5% to hit multi-year highs on Monday amid surging demand
Crude oil prices rose to multi-year highs on Monday amid continued concerns over tightness in energy markets and the expectation of stronger oil demand due to gas to oil switching. Hence, Brent crude increased by 1.5% to settle at $83.65 a barrel. U.S. WTI crude added 1.5% to end at $80.52 a barrel.
read more... 12/10/2021