Latest news
Daily (11.09.2020): Carbon prices spiked on Thursday after European Parliament’s environment committee vote
US industry report showed a significant build in stockpiles on Thursday, weighing on oil prices. In addition a slide in gasoline and distillate demand also put pressure on crude market. Thus, Brent crude ended 1.8% lower to settle at $40.06 a barrel. Meanwhile, the American WTI dropped nearly 2% to $37.30 a barrel.
read more... 11/09/2020
German rail giant says goodbye to diesel with alternative fuel trials
Deutsche Bahn will test a train running on eco-diesel, which allegedly reduces carbon dioxide emissions by 90%
read more... 10/09/2020
Daily (08.09.2020): European carbon prices plummeted to two-weeks low on Monday amid expectations for hefty auction
Crude oil futures fell on Monday after Saudi Aramco slashed its October official selling prices for crude supplies to Asia and the U.S. As a result, Brent crude for November 2020 delivery dropped by 1.5% to settle at $42.01 a barrel. At te same time, U.S.WTI crude shed by 1.7% to end at $39.08 a barrel.
read more... 08/09/2020
Daily (31.08.2020): European carbon prices jumped to nearly €30 on Friday amid French nuclear outages
Oil prices ended slightly lower to flat on Friday as Hurricane Laura, which hit the U.S. Gulf Coast, caused less damage than feared on refineries, allowing infrastructure to start the recovery process. Hence, Brent crude stagnated at $45.05 a barrel, while U.S. WTI crude lost 0.2% to end at $42.97 a barrel. However, on a weekly basis, Brent and WTI rose by 1.5% and 1.6% respectively, as investors shifted their focus from the storm toward the fragile rebound in consumption amid the pandemic.
read more... 31/08/2020
EDF to restart Hunterston B-7 soon
EDF has received regulatory approval to start generating low carbon power again from Reactor 3 at Hunterston B power station in Ayrshire, Scotland. This follows a two-year inspection and investment programme. EDF also said the plant will move into the defuelling phase no later than 7 January 2022. This is subject to a further inspection in the spring of 2021 and then regulatory approval for a final six months of operation.
read more... 28/08/2020