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EU’s Joint Natural Gas Purchases Scheme Fails to Gain Traction
The European Union’s joint natural gas purchase mechanism, AggregateEU, has not turned into a game-changer for Europe’s gas market or supply of the fuel, according to sources familiar with the confidential data quoted by the Financial Times.
read more... 01/10/2024
Daily (01.10.2024): European carbon prices dropped on Monday amid lower compliance buying activity
Oil prices declined slightly on Monday as concerns about weak demand overshadowed escalating tensions in the Middle East. Brent crude closed at $71.77 per barrel, down by 0.3%, while WTI crude held steady at $68.17 per barrel.
read more... 01/10/2024
Daily (30.09.2024): British gas prices rose on Friday as colder weather and geopolitical risks boosted demand
Oil prices gained ground on Friday due to mounting tensions in the Middle East. Brent crude closed at $71.98 per barrel, while WTI crude rose to $68.18 per barrel.
read more... 30/09/2024
Renewables take over as Netherlands’ biggest power source
The country’s wind and solar farms produced nearly 30 TWh of electricity over the period, eclipsing output of just over 25 TWh from gas and coal. This is the first time that output from renewable energy sources has exceeded that from fossil fuel plants over a six-month period, CBS data showed.
read more... 30/09/2024
EU close to finalising low-carbon hydrogen definition
The European Commission is now close to finalising the long-awaited EU definition of low-carbon hydrogen after announcing a final four-month public consultation on Friday (27 September).
read more... 30/09/2024