Latest news
UK: Renewables and nuclear record hit by major producers
Renewables and nuclear record hit by major producers The share of low carbon electricity generation by big electricity producers increased by 7.2% to a record high of 50% in the second quarter of this year, as indicated by new data published by the Department for Business, Energy and Industrial Strategy (BEIS).
read more... 04/09/2017
Daily (04.09.2017): European carbon prices dropped by 1.8% on Friday, registering a 4.2% weekly loss
Oil prices rose on Friday, supported by a decline in the U.S. crude oil stocks last week, as refineries raised output with the approach of Harvey. Natural disasters are generally negative over the medium-term due to demand destruction, but in the short term the market reacts to the shortage of supply. Brent crude edged 0.7% up to settle at $52.75, while the WTI price grew by 0.13% at $47.29 a barrel.
read more... 04/09/2017
Finland will close most of coal power industry and will increase carbon taxes in 2018
Finland has a goal to get rid of coal as an energy source by 2030. To achieve this new legislation will be approved next year, imposing a ban on the coal plants, however leaving "room for maneuver" to ensure the security of supply. Some coal-fired power plants could still be available, to avoid the risk of blackouts.
read more... 01/09/2017
Daily (01.09.2017): European carbon prices dropped by 1.3% on Tuesday, below €6 level
Oil prices rose slightly on Thursday, contrary to the expectations of the OPEC, as oil traders focused more on Hurricane Harvey’s hit on oil demand than the impact of supply disruptions. For some veteran OPEC officials, Hurricane Harvey’s impact on global oil markets was quite strange, as the storm has led to some of the biggest disruptions to U.S. energy infrastructure, but failed to boost strongly the crude prices. Brent crude ended $1.52, or almost 3% up at $52.38, while the WTI price grew by 2.76% at $47.23 a barrel.
read more... 01/09/2017
Daily (30.08.2017): European carbon prices fell by 1% on Tuesday due to a weak auction
Oil prices rose on Tuesday as the inventories have been drawing at a remarkable pace over the past few weeks and months and the remnants of Hurricane Harvey continues to ravage Houston, the energy capital of the U.S. Brent crude increased by 0.21% to settle at $52.00, while the WTI price ended down by 0.17% at $46.49 a barrel.
read more... 30/08/2017