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Lead lawmaker eyes EU carbon market rules to respond to price spikes
European Parliament's lead negotiator on an overhaul of Europe's carbon market on Thursday said he was considering changes to rules that allow policymakers to intervene in the scheme if prices rise too fast.
read more... 11/02/2022
Daily (10.02.2022): European carbon prices lost around 6EUR on Wednesday amid an aggressive sell-off and British utilities swapping EUAs for UKAs
Crude oil prices rose on Wednesday, supported by an unexpected drop in US crude stocks. Gains, however, were limited by eased Russia-Ukraine tensions. As a result, Brent oil gained 0.9% at $91.55 a barrel and WTI crude edged 0.3% up at $89.66 a barrel.
read more... 10/02/2022
EU has failed to create gold standard for green finance
European countries and companies could end up defining their own standards on green investments if Brussels fails to impose the "gold standard" and classifies spending on gas and nuclear energy as sustainable, a Spanish minister said on Wednesday.
read more... 10/02/2022
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Energy market volatility to shake up European PPA market
The unprecedented energy price volatility seen at the end of 2021 will have a lasting impact on the green energy power purchase agreement (PPA) market, including a decline in long term contracts, Pexapark said in a report published on Thursday.
read more... 10/02/2022
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Bulgaria eyes single gas market with Greece, Serbia, North Macedonia
Bulgaria wants to join forces with Greece, Serbia, and North Macedonia to create a single gas market that would improve supply diversity and lead to more favorable gas prices, Bulgarian Prime Minister Kiril Petkov said Feb. 8.
read more... 10/02/2022