Latest news
Italvolt purchases land, moves closer to building 45 GWh gigafactory
Future European battery maker Italvolt has signed a land purchasing agreement for an area of 1 million square meters in Italy's Scarmagno municipality for its planned 45 GWh gigafactory, taking it one step closer to starting battery production.
read more... 14/09/2021
UK’s hopes of boosting hydrogen trade hobbled by Brexit
The UK hydrogen strategy, unveiled last week (17 August), has many similarities with the EU’s own blueprint presented one year before, analysts say. But trade and regulatory cooperation between the two sides is complicated by Brexit, with the UK likely to become a rule-taker at the end of the day.
read more... 27/08/2021
Daily (24.08.2021): Crude oil prices rebounded on Monday due to a weaker dollar
Oil prices strongly rebounded on Monday amid signs of improving situation in China. In addition, a weaker American dollar also provided some support to the crude markets. Despite demand concerns due to rising cases of the Delta variant, Brent oil soared by 5.5% to settle at $68.75 a barrel. The American WTI crude gained 5.6% at $65.64 a barrel.
read more... 24/08/2021
Daily (20.08.2021): The German and French spot power prices traded above 100 EUR/MWh due to forecasts for weaker wind generation
Concerns about demand due to the global spread of the Delta variant and a stronger dollar sent crude oil prices to their lowest levels since May. The Federal Reserve’s plans to pull back the pace of their monthly bond purchases strengthened the greenback, pressuring commodities markets on Thursday. As such, Brent oil tumbled by $1.78 or 2.6% to settle at $66.45 a barrel. The American WTI crude dropped by $1.77 or 2.7% to end at $63.69 a barrel.
read more... 20/08/2021
Daily (04.08.2021): Weaker carbon prices weighed on the energy complex on Tuesday
Oil prices slipped on Tuesday as surging cases of the Delta coronavirus variant outweighed expectations for another weekly draw in U.S. inventories. Hence, Brent crude lost 0.7% to settle at $72.41 a barrel. Meanwhile, U.S. WTI crude declined by 1% to close at $70.56 a barrel.
read more... 04/08/2021