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Bids in first EU hydrogen auction outstrip budget

The EU’s first renewable hydrogen subsidy auction saw an overwhelming response with bids exceeding the EUR 800m available budget, the European Commission said on Monday.

read more... 20/02/2024

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Solar PV industry caught up in China forced-labour controversy

Political momentum is swaying in favour of European solar panel manufacturers, as work progresses on a new EU law banning forced labour practices that would effectively block Chinese imports.

read more... 19/02/2024

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Daily (16.02.2024): European carbon prices surged by over 2% on Thursday amid short covering and rising gas prices

Oil prices surged on Thursday due to escalating tensions in the Middle East, overshadowing ongoing concerns about oversupply and weak demand. Consequently, Brent crude increased by 1.5% to settle at $82.86 a barrel, while WTI crude climbed by about 2% to stand at $78.03 a barrel.

read more... 16/02/2024

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Italy awaits EU clearance on $5.2 bln tariff to cover gas storage costs

Italy's energy authority is awaiting clarity from the European Union on whether a planned tariff to cover costs of gas storage filling, potentially worth 4.8 billion euros ($5.18 billion), is in compliance with the single market rules, two sources said on Thursday.

read more... 16/02/2024

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Daily (14.02.2024): European carbon prices continued their downward trend on Tuesday amid selling pressure and bearish energy complex

Oil prices finished higher on Tuesday, despite a disappointing inflation report from the United States, which some saw as a sign that demand remains sustained. Hence, Brent crude rose by about 1% to settle at $82.77 a barrel, while WTI crude increased by more than 1.2% to stand at $77.87 a barrel.

read more... 14/02/2024

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