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Daily (19.04.2023): European carbon prices posted significant gains on Tuesday as European Parliament lawmakers approved a series of market adjustments
Oil prices remained mostly flat Tuesday, as Chinese economic figures offset interest rates concerns. Brent crude settled at $84.77 a barrel and WTI crude ended at $80.86 a barrel.
read more... 19/04/2023
EU Parliament backs overhaul of Europe's biggest climate policy
The European Parliament on Tuesday approved sweeping reforms to make EU climate change policies more ambitious, including an upgrade of the bloc's carbon market that is set to hike the cost of polluting in Europe.
read more... 19/04/2023
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Daily (17.04.2023): European forward electricity prices fell by 3% on Friday, in tandem with bearish gas, carbon markets
Crude oil prices rose slightly on Friday after the International Energy Agency (IEA) unveiled global demand will hit a record high this year on the back of a recovery in Chinese consumption. Hence, Brent crude rose by 0.3% to settle at $86.31 a barrel. U.S. WTI crude settled at $82.52 a barrel, gaining 0.4% day-on-day.
read more... 17/04/2023
Daily (14.04.2023): Worries about recession weighed on oil prices on Thursday after hitting its highest level of the year the day before
Crude oil prices turned bearish on Thursday amid worries about recession in the US and Europe. Nevertheless, the market generally remains upbeat. Hence, Brent crude fell by 1.4% to $86.06 a barrel. WTI crude lost 1.3% to end at $82.16 a barrel.
read more... 14/04/2023
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Global wind to reach 1TW in 2023
The global wind energy market will pass the one terawatt (1TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.
read more... 13/04/2023