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Parliament groups strike compromise on EU carbon market reform

The European Parliament’s three biggest political groups, backed by the Greens, have reached a compromise deal on the reform of the EU’s emissions trading scheme ahead of a decisive vote in plenary next week.

read more... 17/06/2022

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Britain launches first licensing round for carbon storage sites

Britain has put its first round of sites for carbon capture and storage up for bids from potential users, with 13 on offer, the North Sea Transition Authority said on Tuesday.

read more... 14/06/2022

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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

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Daily (13.06.2022): European front-year electricity prices fell by over 2% on Friday amid bearish gas, carbon prices

Crude oil prices retreated on Friday after U.S. consumer prices rose more than expected and China imposed new COVID-19 lockdown measures. Hence, Brent crude decreased by 0.9% to settle at $122.01 a barrel. U.S. WTI crude declined by 0.7% to settle at $120.67 a barrel.

read more... 13/06/2022

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Sweden's H2 Green Steel signs 14-TWh PPA to power planned electrolyzer

H2 Green Steel has signed a 14-TWh power purchase agreement with Norway's Statkraft for its planned low-carbon steel production plant in Northern Sweden, the companies said in a statement June 8.

read more... 09/06/2022

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