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UK ETS auctions to begin on 19 May

The first auction of UK ETS allowances (UKAs) will be held on the platform on 19 May, and will continue to take place on alternate Wednesdays from here until the final sale of the year on 15 December.

read more... 01/03/2021

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UK's 2024,2025 capacity market target cut to 40.1 GW, but year-head target raised

The UK government is seeking to contract 40.1 GW in the next four year-ahead capacity market auction (T-4) for delivery 2024/2025, in an auction due to start March 9, National Grid ESO said Feb. 9.

read more... 10/02/2021

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Daily (04.02.2021): Carbon prices soared by 7% on Wednesday amid strong auction results

Oil prices continued to push towards one-year highs on Wednesday, as the EIA weekly report showed a drop in US crude stocks. At the same time, the conclusion of the monthly OPEC+ summit lent additional support to prices. As such, Brent and WTI crude closed 1.7% higher at $58.46 and $55.69 a barrel respectively.

read more... 04/02/2021

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Daily (01.02.2021): EUAs prices slumped by about 3% on Friday as the first auction cleared at a sizeable discount

Crude oil futures evolved differently at the end of a relatively calm week in the crude markets, with gains limited by the still murky outlook for oil demand. Hence, Brent crude rose by 0.6% to $55.88 a barrel on Friday. At the same time. U.S. WTI crude lost 0.3 % to settle at $52.20 a barrel. Both oil benchmarks moved in a narrow range last week, with Brent fluctuating between $55 and $56 a barrel, while WTI between $52 dollars and $53.

read more... 01/02/2021

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Iberdrola secures 243 MW of solar in Spanish renewables tender

Spanish power utility Iberdrola SA (BME:IBE) said it has won a total of 243 MW of solar photovoltaic (PV) capacity in Spain’s latest renewable energy auction.

read more... 29/01/2021

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