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Record carbon prices fail to stifle German coal margins
Record carbon prices in Europe are failing to price coal out of Germany's base-load merit order this winter, as a shortage of natural gas means there is limited scope for utilities to switch to cleaner alternatives at short notice.
read more... 08/09/2021
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Daily (07.09.2021): German and French Cal’22 power hit all-time highs on Monday with gas and carbon heading higher in lockstep
Crude oil prices retreated on Monday as demand worries related to impacts by the coronavirus and its delta variant are put into the spotlight again after Saudi Arabia cut official selling prices to Asia. Hence, Brent crude shed by 1.8% to settle at $72.22 a barrel. U.S. WTI crude declined by 0.5% to close at $68.93 a barrel.
read more... 07/09/2021
VW planning to re-lease its used EVs as strategy to keep hold of batteries
Volkswagen plans to crack an industry barrier and offer used-vehicle leases on its ID family of electric vehicles, including those in North America, as a strategy to keep control over their valuable batteries, VW executives told Automotive News Europe sister publication Automotive News.
read more... 07/09/2021
Linde, Hydrogen Utopia to deploy plastic waste-to-hydrogen technology in Poland
Industrial gas and chemicals company Linde has signed an agreement with Hydrogen Utopia International to use its plastic waste-to-hydrogen technology in Poland, HUI said Sept. 6.
read more... 07/09/2021
Electricity and gas prices in UK and Europe hit records
Consumers in the UK and continental European are facing a growing price crunch for energy as wholesale electricity costs surpassed their highest ever level on Monday, boosted by low wind generation and the rally in natural gas to record heights.
read more... 07/09/2021