Latest news
Daily (07.05.2024): Carbon prices rose by 2% on Monday amid weaker auctions supply
Oil prices saw a modest increase after a series of geopolitical developments. Hamas accepted a ceasefire proposal mediated by Qatar and Egypt, but Israel rejected it, citing unmet core demands. Concurrently, Saudi Arabia announced an increase in its official selling prices for June, affecting most regions. As a result, Brent crude rose by 0.5% to $83.33 a barrel, and WTI crude also increased by 0.5% to $78.48 a barrel.
read more... 07/05/2024
Spain, Portugal take home most of €720m EU hydrogen award
The European Commission announced on Tuesday (30 April) the winners of its first auction to allocate subsidies for hydrogen production, with most of the €720 million awarded going to projects in the Iberian peninsula.
read more... 02/05/2024
Norway holds inaugural offshore wind auction amid uncertainty over bids
Norway holds its first auction on Monday for the right to build a commercial offshore wind farm, offering up to 1.5 gigawatt (GW) of capacity, although interest has ebbed amid high project costs and there is still a risk of no bids being made.
read more... 18/03/2024
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Portugal 2030 solar goal not at risk despite project backlog
The Portuguese government recently approved a further 10-month extension for the connection of the around 2 GW of solar capacity awarded in 2019 and 2020 auctions, which should have been connected between the middle of last year and this year, respectively.
read more... 11/03/2024
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UK launches 4.5GW Celtic Sea floating wind lease auction
The UK’s Crown Estate has formally launched the Celtic Sea floating offshore wind leasing round to award leases for 4.5GW of generation capacity.
read more... 04/03/2024