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German gas industry targets 5 GW of power-to-gas capacity in five years
Germany’s gas industry aims to build power-to-gas capacity of five gigawatts (GW) over the next five years, and 40 GW by 2050, as it seeks to develop zero-carbon fuels for homes, factories and vehicles, industry group DVGW said on Tuesday.
read more... 27/11/2019
European coal power output sees ‘unprecedented’ decline
Steam rises from the brown coal-fired power plant Neurath (front-C) and Niederaussem (rear-L) operated by RWE in Bergheim, 04 December 2018. The Rhenish Brown Coal Field is Europe's largest carbon dioxide source.
read more... 26/11/2019
EU greenhouse gas emissions fall two per cent in 2018
Greenhouse gas emissions fell by two per cent across the EU in 2018 according to the latest official preliminary estimates, but the relatively slow progress in renewable energy deployment and the decarbonisation of the transport sector continue to cause concern for the EU's environmental agency.
read more... 01/11/2019
Daily (25.10.2019): Carbon prices surged by around 2.8% on Thursday amid a firmer energy complex ahead of the key Brexit vote
Crude oil prices continued to rise on Thursday after a surprise fall in the U.S. crude stockpiles last week. Hopes for deeper supply cuts from OPEC also supported prices. However, persistent crude demand worries reduced gains. Consequently, Brent crude traded 0.8% higher at 61.67 USD/bbl. At the same time, WTI futures edged up by 0.5% at 56.23 USD/bbl.
read more... 25/10/2019
Daily (24.10.2019): EU carbon prices plunged by 3.5% on Wednesday, amidst Brexit concerns and a bearish energy market
Crude oil prices extended gains on Wednesday, following a drop in U.S. crude inventories and due to OPEC’s intention to deepen supply cuts. However, slowing global demand might limit the rise. Hence, Brent crude surged by 2.5% to 61.17 a barrel, while WTI futures climbed by 2.7% to end at $55.97 a barrel.
read more... 24/10/2019