Latest news
.png)
Daily (14.06.2022): German front-year power contract fell to a three-week low on Monday on weaker coal, carbon prices
Oil prices increased slightly in a choppy session on Monday as tight global supplies offset concerns that demand would be stifled by a resurgence of COVID-19 cases in Beijing and more interest rate hikes. Hence, Brent crude rose by 0.2% to settle at $122.27 a barrel. U.S. WTI crude added 0.2% to settle at $120.93 a barrel.
read more... 14/06/2022
.jpg)
Poland's PM pushes for more coal to lower heating costs
Poland’s prime minister vowed Thursday to support higher production at the nation’s coal mines in order to bring down heating and energy prices that have soared amid the war in neighbouring Ukraine and the European Union's efforts to reduce its dependency on Russian energy sources.
read more... 13/06/2022
Germany plans to put idled coal plants on standby in case of gas supply disruption
Germany is planning to use coal-fired power stations which would have been idled this year and next as reserve facilities in case of disruption to gas supplies from Russia, economy ministry sources said on Tuesday.
read more... 25/05/2022
.jpg)
Spain, Portugal to approve gas price cap on Tuesday
The governments of Portugal and Spain will decree on Tuesday the introduction of a Brussels-backed temporary cap on reference prices of natural gas and coal used by power plants, Portuguese Prime Minister Antonio Costa said on Monday.
read more... 10/05/2022
China freezes out 12.8GW of overseas coal projects
Despite progress, 19.2GW of coal projects remain in a grey area of China’s “no new coal overseas” policy and could still go ahead, according to analysis from energy think tank CREA.
read more... 09/05/2022