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Daily (01.04.2021): Carbon EUAs rose by 1% on Wednesday amid a record number of market participants
Oil prices were bearish on Wednesday ahead of the next OPEC+ summit. Meanwhile, the market seemed to ignore the EIA’s weekly report showing a decline in US crude reserves. As a result, Brent oil ended 1% down at $63.54 a barrel and WTI crude dropped by 2.3% to $59.16 a barrel.
read more... 01/04/2021
Greece's RAE receives over 1 GW of applications for May wind-solar tender
Greece’s Regulatory Authority for Energy (RAE) on Wednesday confirmed it has received 128 projects totalling 1,092 MW that will participate in the upcoming wind-solar tender in May
read more... 01/04/2021
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Russia to remain dominant gas supplier for Europe to 2040
Russia is set to remain the dominant gas supplier to Europe up to 2040, according to the latest long-term European gas outlook from S&P Global Platts Analytics.
read more... 01/04/2021
G20 flexibility needs assessed at 3,500 GW for 100% renewable energy systems
The G20 countries will need over 3,500 GW of flexible capacity to run 100% renewable energy systems at least cost, gas engine and battery storage manufacturer Wärtsilä said March 31.
read more... 01/04/2021
Chinese tech firm Xiaomi to develop electric vehicles
The Beijing-headquartered firm's chief executive officer (CEO) Lei Jun will also serve as CEO of the EV subsidiary, which may build a plant in China to manufacture EVs.
read more... 31/03/2021