Latest news
Daily (11.10.2021): European carbon prices lost over 3% on Friday, pressured by trading volatility and upcoming free allocations
Crude oil prices ended higher on Friday, lifted by a slightly weaker US dollar, as well as increased demand coupled with limited production. Hence, Brent oil edged 0.5% up at $82.39 a barrel and WTI crude rose by 1.3% to $79.35 a barrel.
read more... 11/10/2021
Britishvolt plans 60 GWh Canadian gigafactory in Quebec
UK battery maker Britishvolt is planning on building a second gigafactory in Quebec, Canada with a capacity of 60 GWh, Britishvolt Canada President Philippe Couillard told S&P Global Platts Oct.8.
read more... 11/10/2021
Global energy use projected to increase by 50% by 2050
Global energy consumption has been projected to increase by nearly 50% over the next 30 years, led by a growth in renewables.
read more... 11/10/2021
Spanish gas clawback on power generators 'could cost Eur5 billion'
The Spanish government's gas clawback mechanism in the power market could cost generators more than Eur5 billion ($5.8 billion) over the six months to end-March 2022, Pedro Gonzalez, director of regulation at Spanish electricity association AELEC, said Oct. 8.
read more... 11/10/2021
Daily (08.10.2021): Oil prices increased by 1.1% on Thursday, after the US commented that it will not start dipping into strategic crude reserves
Oil prices rose on Thursday, following an update from the US Department of Energy indicating that the United States would not "immediately" dip into the country's strategic reserves to cope with the increase the price of black gold. Brent oil and WTI crude both gained 1.1% to settle at $81.95 a barrel and $78.30 a barrel, respectively.
read more... 08/10/2021