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Daily (12.08.2021): European carbon prices closed near record high levels on Wednesday, lifted by bullish energy markets
Oil prices strengthened on Wednesday, on investor hopes for more demand recovery, as well as optimism over global economic recovery. As a result, Brent oil rose by 1.2% to $71.44 a barrel and WTI crude gained 1.4% to settle at $69.25 a barrel.
read more... 12/08/2021
German gas generation falls 35%, coal rebounds as margins diverge
German gas-fired power generation fell in July as record high European gas hub prices further eroded margins, while hard coal generation almost exceeded gas-fired generation and lignite topped the German power mix.
read more... 06/08/2021
Daily (30.07.2021): British gas prices surged to record highs on Thursday as supply picture in Europe remains tight
Crude oil prices continued to increase on Thursday, marking another settlement at the highest in over two weeks after U.S. government data revealed a weekly drawdown in domestic crude, gasoline and distillate inventories. Hence, Brent crude soared by 1.8% to settle at $76.05 a barrel. U.S. WTI crude increased by 1.7% to close at $73.62 a barrel.
read more... 30/07/2021
Daily (29.07.2021): UK Gas prices on the forward curve hit record highs over 100p/th on Wednesday, tracking higher oil and carbon markets
Oil prices strengthened slightly on Wednesday, following a drop in US crude reserves. Gains, however, were limited by continued worries over the Covid pandemic. Brent oil edged 0.4% higher to $74.74 a barrel and WTI crude increased by 1% to $72.39 a barrel.
read more... 29/07/2021
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Terna to invest $21 billion in Italian grid for energy transition
Italy’s Terna has pledged to invest a record 18.1 billion euros ($21 billion) in the country’s power grid over the next 10 years to meet the demands of the energy transition and economic recovery.
read more... 08/07/2021