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EU has failed to create gold standard for green finance
European countries and companies could end up defining their own standards on green investments if Brussels fails to impose the "gold standard" and classifies spending on gas and nuclear energy as sustainable, a Spanish minister said on Wednesday.
read more... 10/02/2022
Germany considering lawsuit against EU taxonomy
Germany’s vice-chancellor Robert Habeck said on Monday (7 January) that Berlin would examine a contentious proposal by the European Commission to include nuclear power and fossil gas in the EU’s sustainable finance taxonomy before considering a potential lawsuit.
read more... 09/02/2022
Daily (09.02.2022): European spot electricity prices spiked on Tuesday amid French nuclear output cut
Oil prices extended losses on Tuesday as the progress of nuclear deals between Washington and Tehran could result in more Iranian oil supply on the market. Hence, Brent crude fell by $1.91, or 2.1%, to settle at $90.78 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude dropped by $1.96, or 2.1%, to settle at $89.36.
read more... 09/02/2022
Daily (08.02.2022): Oil prices retreated from seven-year highs on Monday amid nuclear talks between the US and Iran
Oil prices took a breather on Monday amid a lack of new signals. However, the market kept an eye on the talks between the US and Iran that could lead to a potential lifting of the sanctions against the Iranian oil industry. Hence, Brent crude lost 0.6% to settle at $92.69 a barrel. U.S. WTI crude decreased by 1.1% to close at $91.32 a barrel.
read more... 08/02/2022
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Finland's new nuclear reactor pushed back by a month
Starting up electricity production at Finland's new Olkiluoto 3 nuclear reactor has been postponed to late February, operator Teollisuuden Voima (TVO) said in a statement late on Thursday.
read more... 07/02/2022