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Daily (01.03.2024): European carbon prices plunged by more than 3% on Thursday following weak auction, selling pressure

Oil prices moved sideways on Thursday. Hence, Brent crude ended rather stable to bearish at $83.62 a barrel, as a higher-than-expected increase in US crude inventories put pressure on prices. WTI crude retreated by about 0.4% to end at $78.26 a barrel.

read more... 01/03/2024

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Spain starts consultation on new offshore wind rules

Spain has opened a public consultation on a new set of rules for offshore wind energy production, laying the groundwork for auctions of sea-based concessions, the Energy Ministry said on Monday.

read more... 27/02/2024

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UK urged to increase offshore wind capacity

Energy UK‘s latest analysis has emphasised the critical need for a substantial rise in offshore wind capacity during the next two Contracts for Difference (CfD) auctions.

read more... 22/02/2024

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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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Germany grants €3.5 billion for green hydrogen import program

Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK) has allocated €3.53 billion for the country’s hydrogen importing mechanism, H2Global Foundation, to fund future auctions for renewable hydrogen and its derivatives.

read more... 15/02/2024

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