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Daily (11.09.2017): European carbon prices hit a 19-month peak on Friday
Oil prices dropped on Friday, on fears that energy demand would be affected hard as Hurricane Irma, one of the most powerful storms in a century, headed toward Florida and the Southeast.�
read more... 11/09/2017
Daily (06.09.2017): EU carbon prices jumped almost 10% to their peak of 2017
U.S. oil prices rose on Tuesday and gasoline declined as the gradual relaunch of refineries in the Gulf of Mexico that were closed by Hurricane Harvey increased demand for crude and reduced worries of a fuel supply crunch.
read more... 06/09/2017
UK: Renewables and nuclear record hit by major producers
Renewables and nuclear record hit by major producers The share of low carbon electricity generation by big electricity producers increased by 7.2% to a record high of 50% in the second quarter of this year, as indicated by new data published by the Department for Business, Energy and Industrial Strategy (BEIS).
read more... 04/09/2017
Daily (04.09.2017): European carbon prices dropped by 1.8% on Friday, registering a 4.2% weekly loss
Oil prices rose on Friday, supported by a decline in the U.S. crude oil stocks last week, as refineries raised output with the approach of Harvey. Natural disasters are generally negative over the medium-term due to demand destruction, but in the short term the market reacts to the shortage of supply. Brent crude edged 0.7% up to settle at $52.75, while the WTI price grew by 0.13% at $47.29 a barrel.
read more... 04/09/2017
Finland will close most of coal power industry and will increase carbon taxes in 2018
Finland has a goal to get rid of coal as an energy source by 2030. To achieve this new legislation will be approved next year, imposing a ban on the coal plants, however leaving "room for maneuver" to ensure the security of supply. Some coal-fired power plants could still be available, to avoid the risk of blackouts.
read more... 01/09/2017