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Daily (24.02.2022): European carbon prices jumped by nearly 6% on Wednesday, due to bullish energy markets and tensions at Ukraine border

Oil prices stagnated on Wednesday, as fears of losing Russian crude supply were offset by prospects of returning Iranian oil to the market. Hence, Brent oil closed unchanged at $96.84 a barrel. WTI crude, however, edged slightly higher at $92.10 a barrel.

read more... 24/02/2022

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EDP Renewables to invest up to S$10 bln by 2030 for clean energy hub in Singapore

EDP Renewables (EDPR), the world's fourth-largest renewable energy producer, said on Thursday it plans to invest up to S$10 billion ($7.40 billion) by 2030 to establish a clean energy hub in Singapore for the Asia Pacific region.

read more... 24/02/2022

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TenneT launches tenders for 6GW BalWin grid complex

TenneT is inviting tenders for sea and land stations for the first three German 2GW grid connections in the North Sea off Lower Saxony.

read more... 24/02/2022

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Italy could run out of gas due to Russia crisis

Italy would only have gas supplies to last a few weeks if Russia halted flows amid the escalating crisis in Ukraine, analysts told Montel this week.

read more... 24/02/2022

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Daily (23.02.2022): European front-year electricity prices jumped over 6% on Tuesday amid fuels rally, Ukraine tensions

Oil prices continued to rise on Tuesday, with Brent crude marking its highest settlement price since 2014 after Russian troops entered eastern Ukraine, raising concerns of disruptions to supply from Europe’s main energy supplier. Hence, Brent crude increased by $1.52, or 1.5%, to settle at $96.84 a barrel. U.S. WTI crude rose by 0.4% to end at $91.91 a barrel.

read more... 23/02/2022

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