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Daily (13.03.2024): Oil prices experienced a modest decline on Tuesday due to inflation and OPEC worries
On Tuesday, oil prices saw a slight decrease due to a higher than anticipated US inflation index, coupled with rising concerns over the compliance with OPEC production cap. Brent crude fell by 0.3% at $81.92 a barrel, while WTI crude slipped by 0.4% to $77.56 a barrel.
read more... 13/03/2024
Germany launches green subsidies for industry
Germany on Tuesday launched a bidding process for subsidies to support energy-intensive firms switching to green production in a 4 billion euros ($4.37 billion) funding round, the economy ministry said on Tuesday.
read more... 13/03/2024
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Europe’s high-voltage grid investment gap worse than feared
EU countries systematically underestimate the speed at which renewables will be added to grids in their development plans – making the investment gap larger than thought, new research made available to Euractiv has shown.
read more... 13/03/2024
EU Parliament approves law to make buildings more energy efficient
The European parliament approved a new law on Tuesday that requires member states to push the renovation of buildings to make them more energy-efficient and reduce the EU's carbon emissions.
read more... 13/03/2024
Daily (12.03.2024) : EUAs lost almost 4% on a daily basis on Monday, tracking bearish gas prices
On Monday, oil prices were rather constant due to uncertainty surrounding the fluctuating demand from China. Brent crude edged 0.2% higher at $82.21 a barrel, while WTI Crude slipped by 0.1% to $77.93 a barrel.
read more... 12/03/2024