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Polish and Danish regulators ink Baltic Pipe MoU
Poland’s Energy Regulatory Office (ERO) and the Danish Utility Regulator (DUR) have signed a Memorandum of Understanding (MoU) on joint activities for the Baltic Pipe project.
read more... 23/09/2021
Icelandic carbon capture plans receive EUR 3.9m EU funding
Icelandic companies Carbfix and ON Power, subsidiaries of Reykjavik Energy, have received funding from the European Union’s Innovation Fund for the Silfurberg project. The grant is one of the highest that has been granted for a climate project in Iceland and amounts to about EUR 3.9 million (approx. ISK 600 million). This is the first time that an Icelandic project has been funded by the fund.
read more... 17/08/2021
EU confirms carbon market permit surplus grew in 2020
The amount of permits in circulation in Europe's carbon market increased last year, as the COVID-19 pandemic caused emissions covered by the scheme to drop, the European Commission said on Wednesday.
read more... 13/05/2021
Record fall in EU ETS-covered emissions in 2020
Greenhouse gas (GHG) emissions from stationary installations covered by the EU emissions trading system (ETS) are projected to have fallen by the largest amount last year since the launch of the carbon market, according to provisional data released by the European Commission this week.
read more... 08/04/2021
Daily (26.03.2021): Oil prices dropped by about 4% on Thursday, on the pace for the third consecutive week of losses amid mounting lockdowns in Europe
Oil prices pulled back on Thursday and are on the track to reach the third straight week of losses as a new round of coronavirus restrictions in Europe revived worries about demand, counterbalancing the potential impact of a blocked Suez Canal. Hence, Brent crude shed by $2.46 or 3.8% to settle at $61.95 a barrel. Meanwhile, U.S. WTI crude dropped by $2.62 or 4.3% to close at $58.26 per barrel.
read more... 26/03/2021