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Daily (19.11.2020): EUAs increased by 2% on Wednesday influenced by news that the start of the 2021 auctions would be delayed
Wednesday, OPEC has reconfirmed its intentions to continue cutting production, thus supporting crude oil prices amid Covid-19 and demand worries. As a result, Brent crude for January delivery closed 1.4% up at $44.34 a barrel, while WTI crude edged 0.9% higher at $41.82 a barrel.
read more... 19/11/2020
Spanish renewable auctions seen adding pressure to PPA market
Spain's announcement of a new series of renewable auctions will add pressure to an already depressed power purchase agreement market in the country, Endesa Chief Financial Officer Luca Passa said Nov. 4, with appetite for deals already lower due to current market circumstances.
read more... 06/11/2020
Solar tariffs may reach a new record-low once again
“We expect aggressive bidding and possibly a new tariff low in this auction,” said Vinay Rustagi, managing director of renewable energy consultancy firm, Bridge To India. Queries sent to the Managing Director of SECI remained unanswered as of press time
read more... 30/10/2020
Germany awards 769 MW onshore wind in latest tender, highest since 2017
Germany's latest onshore wind auction was only marginally undersubscribed with 769 MW awarded of 825 MW offered, the highest volume in almost three years, grid regulator BNetzA said Oct. 26.
read more... 27/10/2020
Daily (16.10.2020): EUAs close to a four-month low on Thursday due to Brexit uncertainty and weak auction demand
Oil prices edged lower on Thursday as OPEC sees a gloomy outlook on demand for black gold. Losses, however, have been limited, as the EIA report showed a larger-than-expected drop in crude stocks in the United States. Brent crude for December delivery traded 0.4% lower at $43.16 a barrel, while WTI oil slipped by 0.2% to $40.96 a barrel.
read more... 16/10/2020