Latest news
Spain calls on EU to endorse renewable energy contracts for industry
As eldiario.es reported, the Spanish government has called on the European Investment Bank (EIB) to provide financial guarantees for long-term fixed-price supply contracts for renewable energy, known as Power Purchase Agreements (PPAs).
read more... 14/02/2022
.jpg)
Energy market volatility to shake up European PPA market
The unprecedented energy price volatility seen at the end of 2021 will have a lasting impact on the green energy power purchase agreement (PPA) market, including a decline in long term contracts, Pexapark said in a report published on Thursday.
read more... 10/02/2022
Daily (07.02.2022): German and French forward power contracts jumped by more than 4% on Friday, on record high CO2 prices and bullish gas markets
Crude oil prices ended higher on Friday, on worries about the continued Ukrainian crisis and insufficient production from OPEC members. Moreover, a winter storm that hit the US, impacting production and supply, also boosted prices. As such, Brent oil rose by 2.4% to $93.27 a barrel and WTI crude gained 2.3% at $92.31 a barrel.
read more... 07/02/2022
Daily (07.01.2022): Oil prices hit their highest level since late November on Thursday
Oil prices continued their increase on Thursday, due to escalating unrest in Kazakhstan and supply outages in Libya. Furthermore, rising interest rates and concerns about demand in the US also lent support to prices. Thus, Brent crude futures surged by 1.5% to $81.99 a barrel and West Texas Intermediate (WTI) gained 2.1% at $79.46 a barrel. Both contracts hit their highest since late November.
read more... 07/01/2022
Daily (04.01.2022): Oil prices edged higher on Monday ahead of OPEC meeting
Crude oil futures gained ground on the first trading day of the new year ahead of an OPEC+ meeting on Tuesday to discuss production policy. Hence, Brent crude increased by 1.5% to settle at $78.98 a barrel. U.S. WTI crude settled up 1.2% at $76.08 a barrel. Both contracts were spurred by hopes of further demand recovery in 2022.
read more... 04/01/2022