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Daily (30.08.2021): New record high above 59 EUR/t for carbon prices on Friday, supported by a strong energy complex
Oil prices climbed to a new record high for 2021 on Friday, supported by supply disruptions in the Gulf of Mexico, as well as renewed optimism over demand. Brent crude rose by 2.3% to $72.70 a barrel and WTI oil ended 2% higher at $68.74 a barrel.
read more... 30/08/2021
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SSE Renewables pours £50m into second life of Scottish hydro plant
A hydro-electric power station in Scotland’s Highlands has secured its second life through a new £50 million investment by SSE Renewables.
read more... 30/08/2021
‘Game-changer’ for geothermal energy as UK plant unlocks vast supply of lithium
A geothermal power plant in the UK has discovered the highest concentration of lithium ever found in geothermal fluid, opening the door to a new business model for the renewable energy source.
read more... 30/08/2021
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EC approves Belgium's electricity capacity market design
The European Commission has approved Belgium's electricity market capacity mechanism under state aid rules, it said in a statement Aug. 27.
read more... 30/08/2021
Daily (27.08.2021): European front-year electricity prices held close to all-time highs on Thursday amid bullish fuels and carbon
Oil prices retreated on Thursday, snapping a three-day rally amid surging COVID-19 infections and as Mexico restored some supply after a fire disruption. Hence, Brent crude fell by $1.18, or 1.6%, to settle at $71.07 a barrel. U.S. WTI crude settled down 94 cents or 1.4% at 67.42 a barrel.
read more... 27/08/2021