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Daily (10.04.2024): European carbon prices hit their highest level since March 25, driven by technical signals
On Tuesday, crude oil prices kept declining as investors assessed the possible consequences of a ceasefire agreement between Israel and Hamas. This deal has the potential to conclude the ongoing Gaza conflict, which has persisted for six months. Hence, Brent crude declined by 1% to settle at $89.42 a barrel. Meanwhile, U.S. WTI crude dropped by 1.4% to $85.23 a barrel.
read more... 10/04/2024
European Parliament committees vote to withdraw EU from the Energy Charter Treaty
The Parliament’s trade and energy committees voted on Tuesday (9 April) to support the EU withdrawal from the Energy Charter Treaty (ECT), with 58 Members of the European Parliament (MEPs) in favour, eight against, and two abstaining.
read more... 10/04/2024
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EU to investigate Chinese wind turbine suppliers
The EU will investigate subsidies received by Chinese suppliers of wind turbines destined for Europe, in the bloc's latest move to shield domestic firms from cheap clean tech products.
read more... 10/04/2024
European states sign pledge to protect North Sea infrastructure
Britain and other major European countries with maritime borders on the North Sea on Tuesday signed an agreement to work together to protect underwater infrastructure, including from possible Russian attacks.
read more... 09/04/2024
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Europe’s industrialists want deep reform of power market to tackle €800b grid spending gap
The European Union is facing a grid investment gap of €800 billion until 2030, finds a report commissioned by industry lobby group ERT, who call for another power market revamp to help address the issue.
read more... 09/04/2024