Latest news
Denmark on the path to become carbon free by 2050
According to the International Energy Agency (IEA), Denmark is on the road to reach its ambitious objective of turning into a low carbon economy, or independent of fossil fuels, by 2050 year.
read more... 28/11/2017
IEA: Global energy needs to be met by renewables and natural gas in the next 25 years
According to the World Energy Outlook 2017, the abundant growth in oil and gas production from the United States, strong reductions in the cost of renewables and emerging electrification are changing the global power system and ending traditional ways of meeting demand. Meanwhile, a greener and more diversified energy mix in China is another important driver of this transformation.
read more... 17/11/2017
Daily (15.11.2017): European carbon prices increased slightly on Tuesday after 5-day losing streak
Oil prices dropped for a third consecutive day on Tuesday on forecasts for higher U.S. crude production and a gloomier outlook for global demand growth in a report from the International Energy Agency (IEA).
read more... 15/11/2017
Daily (14.09.2017): EU carbon prices climbed to a new 19-month high on Wednesday
Crude oil prices rose on Wednesday after the International Energy Agency (IEA) stated that a global surplus of crude was starting to shrink, even though U.S. data indicated another huge surge in domestic inventories due to Hurricane Harvey.
read more... 14/09/2017
Daily (14.08.2017): British wholesale gas prices rose on Friday due to an unplanned outage
Oil prices increased on Friday, following the IEA’s report which stated that crude oil stockpiles were now below 2016 levels. The agency also raised its 2017 demand growth forecast in its previous monthly report and declared it expected demand to be further expanded next year. Despite the strong demand, markets remain well-supplied thanks to strong output. Brent rose by almost 0.4% to close at $52.10 a barrel, while WTI price rose by around 0.5% to end at $48.82 a barrel.
read more... 14/08/2017