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Daily (10.06.2021): Carbon EUAs gained around 2.5% on Wednesday, lifted by strong auction results and bullish energy prices
Crude oil price growth was counterbalanced on Wednesday by a strong increase in US gasoline reserves and pessimistic views over demand. Consequently, Brent oil stagnated at $72.22 a barrel, while WTI crude edged 0.1% lower at $69.96 a barrel.
read more... 10/06/2021
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Russia Has Oil Reserves At Least Until 2080
Russia’s oil reserves will last until 2080 at the current pace of annual production, Natural Resources Minister Alexander Kozlov told Russian outlet RBC in an interview this week.
read more... 17/05/2021
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Ukraine tests Zaporozhe for ENTSO-E synchronisation
Ukrainian nuclear power plant operator Energoatom and the country's transmission system operator Ukrenergo completed tests last week at unit 1 of the Zaporozhe nuclear power plant for the provision of ancillary frequency maintenance reserve services at +/-20 MW. The tests should confirm the compliance of the unit with the requirements of the Transmission System Code in order to obtain a certificate entitling Energoatom to introduce the power unit to the ancillary services market.
read more... 12/05/2021
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Vattenfall team delivers Nordic fast frequency reserve
Vattenfall, Sympower and Statnett and ferro-alloy company Eramet Norway are collaborating to deliver fast frequency reserve (FFR) between May and October 2021.
read more... 10/05/2021
‘More stable’ EU ETS prices under lower MSR rate
Lowering the intake rate of the EU emissions trading system's (ETS) market stability reserve (MSR) as planned in the coming years will lead to less volatility in the carbon market than if the current rate is retained under higher emission cut scenarios, according to a report published this week.
read more... 04/05/2021