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Daily (19.03.2019):Crude oil prices at 18-year lows and carbon prices down at 15 euros per tonne on continued coronavirus concerns
Crude oil prices hit 18-year lows on Wednesday, as governments force local lockdowns in response to the coronavirus outbreak, affecting global oil and fuel demand. Brent crudeplunged by 13.4% to $24.88 a barrel. WTI futures traded 24.4% down at $20.37 a barrel.
read more... 19/03/2020
CO2 breaches EUR 19 per tonne to hit 15-month low
European carbon prices tumbled below EUR 19/t on Tuesday – hitting a 15-month low – after the EEX cancelled its daily auction of EUAs amid a lack of bids.
read more... 18/03/2020
Nearly $640 bln coal investments undercut by cheap renewables - research
Nearly $640 billion of investment in coal power capacity worldwide is at risk because it is cheaper to generate electricity from new renewables, research by think tank Carbon Tracker Initiative showed on Thursday.
read more... 13/03/2020
Bosnian region to add 1,000 MW of renewables to trim carbon footprint
Bosnia’s autonomous Serb Republic aims to add 1,000 megawatts (MW) of renewable energy sources by 2029 at a cost of 11.5 billion Bosnian marka ($6.7 billion) to smooth its transition from coal, its energy minister said.
read more... 09/03/2020
RO coal and power group CEO plans 310MW PV parks
Romanian coal and power complex CE Oltenia plans to achieve the restructuring and decarbonisation targets, among others, by developing four photovoltaic (PV) parks, to be located on contaminated land such as the areas currently used to store sludge and ash produced by its thermal power plants, and a tailings dump, where residues from the coal mining operations are deposited, Economica.net reported.
read more... 06/03/2020