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Daily (10.03.2023): Concerns over French nuclear generation contributed to the rise in forward electricity prices on Thursday
On Thursday, oil prices declined as traders continued to worry about the effects of excessive monetary tightening on the economy rather than the market fundamentals. As a result, Brent crude ended $1.07, or 1.3%, down at $81.99 a barrel.
read more... 10/03/2023
Italy seeks 6 billion euros from REPowerEU plan, more time to spend COVID funds
Italy is in talks with European Union authorities to secure at least 6 billion euros ($6.33 billion) under the so-called REPowerEU plan to completely wean itself off Russian gas and boost efforts to make its economy more green, sources said.
read more... 28/02/2023
Daily (21.02.2023): European spot power prices surged on Monday as low wind output and forecasts of colder weather boosted demand
Oil prices rebounded on Monday as attention shifted back to the fundamentals of supply and demand, with Russia's output expected to decline and China's reopening boosting slightly the demand. As a result, Brent crude oil gained 1.3% day-on-day to settle at $84.07 a barrel.
read more... 21/02/2023
MEPs sign off plan to raise EUR 20bn from EUA sales
The European Parliament approved raising EUR 20bn from EU carbon allowance sales to help fund its REPowerEU plan to cut the bloc’s dependence on Russian gas and oil quickly in a vote on Tuesday.
read more... 15/02/2023
Emergency fund to help Dutch low-income households with energy bills
Low-income households will receive help to pay off part of their increased energy bills, as a special temporary emergency fund that was agreed on last month is set to come into effect.
read more... 09/02/2023