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Daily (04.04.2024): European carbon prices declined for third consecutive day on Wednesday amid reduced volatility and bearish gas prices
On Wednesday, oil prices continued their rise, supported by escalating geopolitical tensions and by a strong fuel demand in the United States last week. Hence, Brent crude increased by 0.5% to settle at $89.35 a barrel, while WTI crude stood at $85.43 a barrel, up 0.3% day-on-day.
read more... 04/04/2024
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EU investigates Chinese bidders over Romania solar tender
The European Union has opened two investigations into whether two Chinese bidders benefited excessively from subsidies in their offers in a public tender for a solar power park in Romania, the European Commision said on Wednesday.
read more... 04/04/2024
EU approves €1 billion to fund Greece's renewable initiatives
The European Union has approved €1 billion in support for two renewable energy production and storage projects in Greece, the EU Commission announced on Tuesday.
read more... 03/04/2024
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Europe Makes It To the Other Side of Winter With Record Levels of Natural Gas
Europe has managed to make it through this winter season with record levels of natural gas in storage, setting it up to head into next winter on solid ground.
read more... 03/04/2024
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