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Daily (22.12.2021): European Cal’22 electricity prices reached stunning levels on Tuesday amid bullish gas prices, French nuclear issues
Crude oil prices rebounded on Tuesday amid improved risk appetite, but investors remained cautious about the Omicron coronavirus variant. Brent crude soared by $2.46, or 3.4%, to settle at $73.98 a barrel. U.S. WTI crude increased by $2.51, or 3.7%, to end at $71.12 a barrel.
read more... 22/12/2021
Rosneft sets net-zero emissions by 2050 target
Russia's largest crude producer Rosneft announced Dec. 21 its commitment to achieve carbon neutrality by 2050, bringing forward some of its previous targets to reduce emissions.
read more... 22/12/2021
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First criticality reached at Finland's Olkiluoto-3 EPR nuclear plant
First criticality was reached at the 1.6-GW Olkiluoto-3 EPR nuclear plant in Finland in the early hours of Dec. 21, owner/operator TVO said.
read more... 22/12/2021
Commission to table green investment rules for gas and nuclear early next year
The European Commission plans to finish next year its long-awaited proposal on whether to label gas and nuclear energy as climate-friendly investments under EU green finance rules, its environment policy chief said on Monday (20 December).
read more... 22/12/2021
Daily (21.12.2021): European spot electricity prices skyrocketed on Monday amid cold weather, weak renewable output
Crude oil prices opened the week bearishly amid new lockdown measures taken by several countries to battle the Omicron mutation. Hence, Brent crude shed by 2.7% to settle at $71.52 a barrel. U.S. WTI crude droped by 2.7% to close at $68.61 a barrel.
read more... 21/12/2021