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UK's first carbon auction clears at GBP43.99/mt
The UK's first sale of carbon allowances under its Emissions Trading System cleared at GBP43.99/mt ($62.26/mt) May 19, according to auction host ICE Futures Europe.
read more... 20/05/2021
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US waives sanctions against Nord Stream 2 developers
The US has waived sanctions against Russian natural gas giant Gazprom for its ownership of the nearly completed Nord Stream 2 gas pipeline to Germany, and against its CEO, according to a State Department report to the Congress on May 19.
read more... 20/05/2021
Carbon rally crushes forward German coal-fired margins
The recent strength in European carbon prices has pushed forward margins for even the most efficient German coal plants negative for calendar 2024.
read more... 20/05/2021
Daily (19.05.2021): Fiercely falling carbon prices weighed on the European energy complex on Tuesday
Crude oil prices fell on Tuesday due to rising concerns about the coronavirus situation in Asia and amid ongoing talks between world powers on a revival of the Iran nuclear deal, which would bring more supply to the market. Hence, Brent crude moved 1.1% lower to settle at $68.71 a barrel, after initially having traded upwards above $70 a barrel. Meanwhile, U.S. WTI crude declined by 1.2% to end at $65.49 a barrel.
read more... 19/05/2021
ENGIE and HITA partner on geothermal development in Belgium
Belgium geothermal developer HITA announcers that it has signed a cooperation agreement with ENGIE and HITA for the development of deep geothermal projects in Antwerp and Limburg in Belgium.
read more... 19/05/2021