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Ireland opens renewables auction

Bidding starts under RESS scheme which has been approved by the EU under state aid rules

read more... 24/07/2020

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Daily (20.07.2019): European CO2 prices jumped by over 4% on Friday due to a stronger auction

Crude oil prices slipped on Friday, as US reported a record high increase in daily Covid-19 cases, while OPEC+ claimed to add supplies starting from August. In this context, Brent crude edged 0.5% lower at $43.14 a barrel. WTI futures settled 0.4% down at $40.59 a barrel.

read more... 20/07/2020

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Daily (17.07.2020): EUAs plummeted by over 7% on Thursday due to robust auction supply

Crude oil futures fell by about 1% on Thursday, but held above the $40 mark amid a weaker demand outlook underscored by the OPEC+ alliance’s decision to ease production cuts from August. Moreover, resurgent coronavirus cases in the U.S. weighed on oil prices. Hence, Brent crude for September delivery declined by 42 cents, to settle at $43.37 a barrel. At the same time, U.S. WTI crude slipped by 45 cents, to close at $40.75 a barrel.

read more... 17/07/2020

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Daily (19.06.2020): EUAs broke key technical resistance levels, to trade above €24 on Thursday amid speculator sentiment, bullish auction result

Crude oil futures climbed on Thursday following the OPEC+ monitoring panel meeting that emphasized the critical importance of adhering to full conformity. However, additional coronavirus cases reported in parts of the United States and China added to market jitters. Hence, Brent crude for August delivery soared by 80 cents, or 2%, to settle at $41.51 a barrel. At the same time, U.S. WTI crude settled at $38.84 a barrel, up 88 cents, or 2.3%.

read more... 19/06/2020

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Portugal to tender 700 MW solar capacity in August

Portugal will tender 700 MW in solar capacity in August, after the auction was delayed in March due to the coronavirus outbreak, energy secretary Joao Galamba confirmed.

read more... 07/05/2020

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