Latest news
Record carbon prices fail to stifle German coal margins
Record carbon prices in Europe are failing to price coal out of Germany's base-load merit order this winter, as a shortage of natural gas means there is limited scope for utilities to switch to cleaner alternatives at short notice.
read more... 08/09/2021
.png)
Daily (07.09.2021): German and French Cal’22 power hit all-time highs on Monday with gas and carbon heading higher in lockstep
Crude oil prices retreated on Monday as demand worries related to impacts by the coronavirus and its delta variant are put into the spotlight again after Saudi Arabia cut official selling prices to Asia. Hence, Brent crude shed by 1.8% to settle at $72.22 a barrel. U.S. WTI crude declined by 0.5% to close at $68.93 a barrel.
read more... 07/09/2021
Daily (03.09.2021): Electricity front-year prices were hovering at all-time highs amid record high gas and carbon
Crude oil prices rebounded sharply on Thursday, supported by recent data showing a sharp drop in U.S. crude inventories and hopes about global economic growth despite the coronavirus pandemic. Hence, Brent crude increased by $1.44 or 2%, to settle at $73.03 a barrel, notching its first gain in three sessions. U.S. WTI crude rose by $1.40, or 2%, to settle at $69.99 a barrel, the highest settlement since Aug 3.
read more... 03/09/2021
Daily (02.09.2021): European carbon prices lost 1% on Wednesday, tracking a bearish energy complex
Crude oil prices diverged on Wednesday. The Brent benchmark lost nearly 2% at $71.59 a barrel, as OPEC+ members confirmed their strategy of increasing production by 400.000 bpd in October. WTI oil edged higher, as a weekly decrease in US crude stocks limited losses. As such, WTI edged 0.1% higher at $68.59 a barrel.
read more... 02/09/2021
Exposing The Blue Hydrogen Lie
Recent reports suggest that oil companies in the U.K. have been exaggerating the costs of blue hydrogen projects, as well as the need for their development to decarbonize the industry, in order to gain additional funding for new hydrogen plants.
read more... 02/09/2021