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Daily (07.04.2021): Carbon EUAs rose by 4% on Tuesday, breaking a new record high
Crude oil prices increased on Tuesday, on optimism over demand recovery amid a fast vaccine rollout in the United States. Gains, however, were limited by OPEC+ members’ decision of an increase in their output. Brent oil ended 1% up at $62.74 a barrel, while WTI crude rose by 1.2% to $59.33 a barrel.
read more... 07/04/2021
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Lithuania sets up grid-linked energy storage pilot with Siemens in 'post-Soviet' move
Project near capital Vilnius to underpin potential for rapid expansion of renewable energies and increase independence from Russian power imports
read more... 07/04/2021
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China coal plant booms in 2020 despite retreat globally
A steep increase in coal plant development in China offset a retreat from coal in the rest of the world in 2020, resulting in the first increase in global coal capacity development since 2015, a new report led by Global Energy Monitor (GEM) said on Tuesday.
read more... 07/04/2021
UK sees its ‘greenest ever’ grid during Easter bank holiday
Carbon intensity per unit of electricity consumed dropped to the lowest figure on record at 1pm on Easter Monday, National Grid Electricity System Operator said
read more... 07/04/2021
Daily (06.04.2021): Crude oil prices lost 4% on Monday, while other energy markets stagnated due to Easter holidays
Crude oil prices slumped on Monday, weighed by uncertainty regarding the decision taken last week at the OPEC+ summit to gradually ease production cuts. Consequently, Brent oil lost 4.2% to $62.15 a barrel, while WTI crude was 4.4% down at $58.65 a barrel.
read more... 06/04/2021