Daily (21.04.2017): EU carbon price fell to the lowest level in 2 weeks at 4.79 euros per ton

21/04/2017 11:55 Daily

news

Oil prices slightly changed on Thursday in an oscillating trading session, as investors weighed rising U.S. output against comments from most important Gulf oil producers that an extension to OPEC-led supply cuts was likely. Total sold Glencore a cargo for loading at a discount of $1.00 a barrel. 

Brent crude closed by 0.11% at $52.99 a barrel, while U.S. WTI crude prices rose 0.54% at $50.71 per barrel. 


British wholesale gas prices fell on Thursday in an oversupplied system. Supplies into the St Fergus terminal increased as offshore fields finished maintenance. According to traders’ estimates, colder weather expected next week and little nearest LNG supply could upward gas prices across Europe.


The natural gas contract price for delivery in winter 2017 dropped 1.14% to settle at 46.10 p/therm. NBP spot price settled down 0.26% at 39.10 p/therm. 


The German spot contract price fell sharply on Thursday by 25.52% to trade at 27.69 euros/MWh on the back of an estimated surge in wind power production and limited consumption before the weekend. The German Cal '18 benchmark price decreased 0.69% at 30.18 euros/MWh. 


French spot power strengthened on Thursday as average temperatures fell and as wind power production declined by around 30%, with the French spot contract having jumped by 9.33% at 44.08 euros per MWh. Meanwhile, the French Cal '18 benchmark price ended the session 0.76% lower at 35.46 euros per MWh.


EU carbon fell again on Thursday to reach the lowest level in 2 weeks as the annual compliance deadline is approaching. Benchmark EU carbon contract expiring in December 2018 closed down by 1.64% settling at 4.79 euros/ton.

France: EDF will protect its business position in energy sector investigation

21/09/2017 15:21:00

The French minister of environment Nicolas Hulot declared in July that about 17 reactors could be closed in France by the year 2025, as it tries to reduce the part of nuclear power in its electricity mix.

<READ MORE

CGN interested in Toshiba's NuGen (UK) stake

21/09/2017 13:48:00

China General Nuclear Power Corporation (CGN) is interested in an equity stake in the NuGen site at Moorside in Cumbria (UK).

READ MORE

Swiss launched new flexible and customisable solar modules

21/09/2017 13:41:00

Switzerland has developed and launched a highly flexible, thin and light solar panel.

READ MORE