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Daily (02.04.2024) : Strong renewable generation weighed on European electricity spot prices on Monday
Oil prices diverged on Monday, amid geopolitical unrest in the Middle East and an upturn in manufacturing activity in China. Brent crude remained stable to slightly bearish reaching a price of $87.42. At the same time, WTI Crude increased by roughly 1 % to $83.71.
read more... 02/04/2024
Large electrical heat pumps can be key to decarbonising Europe’s industry
Though the EU has focused much of its industrial decarbonisation drive on the production and use of hydrogen, in a factory west of Milan, Italy, a quiet revolution is underway – the electrification of lower-temperature heat.
read more... 01/04/2024
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UAE signals interest in European nuclear energy investments
The United Arab Emirates has approached European nations including Britain to gauge their interest in the Middle Eastern state investing in their nuclear power infrastructure, according to three sources familiar with the talks.
read more... 01/04/2024
France must not cave to Brussels on renewables
France should continue refusing to include renewable targets in its energy-climate plan, which will be submitted to the European Commission in June, the country’s former energy minister Agnès Pannier-Runacher said this week.
read more... 29/03/2024
Daily (27.03.2024): European Cal’25 power contracts lost ground on Tuesday amid bearish gas and carbon prices
On Tuesday, oil prices were rather stable to bearish, driven by a sharp price decline in refined products, following the restart of refineries in the United States after a maintenance period. Brent crude decreased by 1% to $86.25 a barrel, while WTI Crude slipped by 0.4% to $81.62 a barrel.
read more... 27/03/2024