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Daily (24.05.2017): EU carbon prices slipped back from a one-month high on Tuesday
Oil futures varied on Tuesday, as oil prices fell earlier in the session following the news highlighting president Donald Trump's plan to sell off half of the United States' petroleum reserves. However, as OPEC's leader, Saudi Arabia, favors extending the output curbs by nine months rather than the initially planned six months, the oil prices increased to settle slightly higher.
read more... 24/05/2017
Switzerland votes to phase out nuclear in favour of renewables
Switzerland has voted to abandon nuclear power in favour of renewable energy. A decision was taken after a public referendum to adopt an energy plan that will eventually replace all nuclear energy with solar, wind and hydropower generation.
read more... 24/05/2017
Shell shareholders reject the proposal on emissions target
Royal Dutch Shell shareholders on Tuesday voted 94% against a proposal made by an ecological group requesting the oil company to establish and publish yearly objectives to cut carbon emissions.
read more... 24/05/2017
EU consents lower co-generation surcharges for several German, Italian companies
EU state aid regulators consented on Tuesday lower surcharges to back co-generation for energy-intensive firms in Germany and Italy.
read more... 24/05/2017
Daily (23.05.2017): European spot electricity prices fell by 6-7% on Monday
Oil futures rose on Monday to the highest level in more than a month, as speculation that the cuts could be further extended, pushed prices up.
read more... 23/05/2017