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Daily (25.04.2024): European carbon prices rose on as Commitment of Traders' data failed to boost sentiment
Oil prices closed lower on Wednesday, pressured by weak gasoline demand in the US and a decrease in geopolitical risk premium. However, an unexpected decline in US crude inventories helped mitigate these losses by providing some support to the market. Consequently, Brent crude fell by 0.5% to settle slightly above $88 a barrel, while WTI crude reached $82.81 a barrel, falling by 0.7% day-on-day.
read more... 25/04/2024
Nuclear gains favour in Europe, but financing struggles remain
Though EU countries remain divided about nuclear power, the insecurity brought on by the war in Ukraine has sparked increased interest from politicians not seen in decades. But are they willing to match big talk with big wallets?
read more... 25/04/2024
Norway-German H2 pipeline hinges on demand: Equinor
Norway and Germany have renewed a commitment to the idea of a hydrogen pipeline, but Norwegian state-owned Equinor expects the link will come in a secondary stage of development as it is focused on hydrogen production in mainland Europe as a first step.
read more... 25/04/2024
Enagas to present Spanish hydrogen grid plan as regulatory talks advance
Spain's Enagas expects to present its proposal for a national hydrogen network in the coming days, following confirmation of its inclusion as a European Project of Common Interest, senior management said April 23.
read more... 24/04/2024
EU’s 2050 net zero goals at risk as EV rollout faces setbacks
The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as electric vehicles (EVs) remain unaffordable and alternative fuel options are not credible, the EU’s external auditor said, jeopardising its 2050 climate goals.
read more... 23/04/2024