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Daily (26.01.2023): European carbon allowances soared on Wednesday after the strongest UKA auction in a year.
Oil prices were steady on Wednesday as US crude inventories rose less than expected, while the upcoming EU embargo on Russian refined products remains a major source of concern for the market. As a result, Brent crude oil went slipped to $86.12 a barrel, while WTI Crude settled at 80.15 USD/bbl.
read more... 26/01/2023
Portugal to launch first offshore wind auction, eyes 10 GW by 2030
Portugal expects to launch its first offshore wind power auction by the last quarter of this year, aiming to reach 10 gigawatts (GW) of installed capacity by 2030, Prime Minister Antonio Costa said on Monday.
read more... 24/01/2023
Dutch VTTI to auction LNG capacity rights in early 2023
Dutch energy and chemical storage specialist VTTI will hold an open season early next year to auction off capacity rights to a 5bcm floating LNG terminal it plans to open in the Netherlands in early 2024.
read more... 14/12/2022
Daily (30.11.2022): European carbon prices rose on Tuesday due to strong auction demand
Oil prices were volatile on Tuesday, due to uncertainty about the level of a price cap on Russian oil. Consequently, Brent crude slipped 0.1% to $83.03 a barrel. However, WTI oil traded 1.2% higher at $78.20 a barrel amid rising demand and decreasing crude oil inventories in key consuming nations.
read more... 30/11/2022
Portugal ups debut offshore wind auction target to 10 GW
Portugal has raised the target for its debut offshore wind power auction to 10 gigawatts (GW), Environment Minister Duarte Cordeiro said on Wednesday, aiming to "move faster" on the country's energy transition.
read more... 22/09/2022