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EU considers bringing emissions removal credits into carbon market

The European Union is looking into whether to bring emissions removal credits into its carbon market, a move that could reopen the market to carbon credits in future years, a European Commission official said on Wednesday.

read more... 18/04/2024

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Daily (16.04.2024): Day ahead power contracts rocketed on Monday amid low renewables

Oil prices fell slightly on Monday as the Iranian attack on Israel appeared to be less destructive than anticipated. Brent crude decreased by 0.4% to $90.10 a barrel, while WTI crude experienced a 0.3% drop to settle at $85.41 a barrel.

read more... 16/04/2024

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Daily (15.04.2024): Carbon prices surpassed the 70 EUR/tonne mark on Friday

Oil prices rose on Friday to their highest level in more than five months, boosted by the prospect of an Iranian retaliation against Israel and the possibility of a disruption in the supply of black gold. Brent crude increased by 1% to $90.45 a barrel, while WTI crude experienced a similar 1% rise to $85.66 a barrel.

read more... 15/04/2024

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Shift to hydrogen networks: EU Parliament adopts laws for new gas era

The European Parliament adopted a new set of laws on Thursday (11 April) to transition Europe’s gas markets and infrastructure to hydrogen and pave the way for the eventual creation of an independent hydrogen grid development body.

read more... 15/04/2024

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Daily (12.04.2024): Carbon prices surpassed the 65 EUR/tonne mark on Friday

On Thursday, oil prices retreated amid reports of rising US weekly inventories and higher US inflation. Brent crude dropped by 1% to $89.74 a barrel, while WTI crude experienced a similar 1% decrease to $85.02 a barrel.

read more... 12/04/2024

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