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Daily (07.02.2019): EU carbon prices surged by over 2% on Wednesday, buoyed by rising power prices and a gap in the auction calendar
Wednesday saw slight gains in oil prices due to a strong U.S. demand for distillate products and a prevailing shortage in the global crude supply. However, gains were capped amidst a stronger U.S. dollar and persisting concerns over a global economic slowdown. Brent crude was up 1.2% at 62.69 USD/bbl, while WTI crude rose by 0.7% to close at 54.01 USD/bbl.
read more... 07/02/2019
Europe adds 2.6 GW of offshore wind in 2018
The European offshore wind industry added 2,649 MW of net capacity in 2018, the bulk of which in the UK and Germany, but saw installations drop 15.8% from the record 2017, show statistics by WindEurope, released today.
read more... 07/02/2019
EnBW signals 800MW solar surge
EnBW has added about 800MW of new solar capacity to its development pipeline as part of a strategy to boost the company's renewables portfolio.
read more... 07/02/2019
Poland to become independent from Russian gas by end-2022
Poland will become independent from Russian gas by the end of 2022, a government official said on February 5.
read more... 07/02/2019
Daily (06.02.2019): Brent crude dropped by nearly 1% on stronger dollar and concerns over a global economic slowdown
Oil prices continued the bearish trend on Tuesday, as concerns over a global economic slowdown stepped in. At the same time, a stronger dollar also put pressure on crude futures. Brent crude fell by 0.9% to 61.98 USD/bbl, while WTI crude dipped by 1.7% to close at 53.66 USD/bbl.
read more... 06/02/2019