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Polish solar output reaches record high

Solar power generation surpassed 3.4GW over 13:00-14:00 local time today, according to preliminary figures published by grid operator PSE, up from the previous record of 3.3GW yesterday. Wind power generation rose to around 7GW at 13:00-14:00 today, accounting for about one-third of Polish demand, PSE data show.

read more... 12/05/2021

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EU Commission approves 400 million Euros Danish state aid for renewable energy

The European Commission on Tuesday approved 400 million euros ($480.12 million) Danish state aid supporting the production of electricity from renewable sources, according to a statement.

read more... 05/05/2021

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‘More stable’ EU ETS prices under lower MSR rate

Lowering the intake rate of the EU emissions trading system's (ETS) market stability reserve (MSR) as planned in the coming years will lead to less volatility in the carbon market than if the current rate is retained under higher emission cut scenarios, according to a report published this week.

read more... 04/05/2021

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Daily (29.04.2021): Carbon EUAs climbed by 1% on Wednesday supported by a bullish energy complex

Oil prices strengthened on Wednesday, supported by positive consumption data for black gold in the United States. Despite a slight increase in US crude inventories, according to the EIA’s weekly report, Brent oil gained 1.3% to $67.27 a barrel and WTI crude rose by 1.5% to $63.86 a barrel.

read more... 29/04/2021

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Russia aims to boost oil exports before reaching output peak in 2027-2029

Russia's revised oil strategy will focus on maximizing monetization from crude exports before hitting peak production in 2027-2029 and seeing world demand drop, according to a draft document on the development of the sector up to 2035 being reviewed by the State Duma and set to be approved by the government April 22.

read more... 15/04/2021

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