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Germany mulls scrapping energy bill surcharge early as prices rise
The German government may scrap this year a surcharge on electricity bills used to support renewable power, to ease the strain of rising energy costs on millions of households, Social Democrat (SPD) co-leader Lars Klingbeil said on Saturday.
read more... 24/01/2022
Daily (21.01.2022): European carbon prices surged by over 4% on Thursday, due to the highest number of auction bids in almost a year
Crude oil prices retreated on Thursday, pressured by an unexpected increase in US commercial crude stocks. However, extended constraints in global supply helped limit the downside. Thus, Brent oil slipped by merely 0.1% to $88.38 a barrel and WTI crude dropped by 1.6% to $85.55 a barrel.
read more... 21/01/2022
Daily (24.12.2021): British gas prices were in freefall on Thursday, putting pressure on energy complex
Crude oil prices increased on Thursday amid signs that the Omicron variant may be less severe than previous strains. Hence, Brent crude advanced by 2.07%, or $1.56, to settle at $76.85 per barrel. U.S. WTI crude settled $1.03, or 1.4%, higher at $73.79 a barrel.
read more... 24/12/2021
Daily (16.11.2021): British gas prices increased on Monday as Russia failed to book additional transit capacity through Ukraine
Crude oil prices struggled for direction on Monday amid uncertainty whether crude supplies will increase and demand will be constrained by the recent surge in energy costs and rising COVID-19 cases. Hence, Brent crude softened by 0.2% to settle at $82.05 a barrel. At the same time, U.S. WTI crude added 0.1% to and at $80.88 a barrel.
read more... 16/11/2021
Hydroelectricity gets German trains on track
German railway operator Deutsche Bahn (DB) has signed a procurement deal for hydroelectric power from Norway.
read more... 09/08/2021