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Power flows with UK ‘less efficient’ since Brexit

Additional red tape and customs declarations means electricity will no longer flow as smoothly as it used to when the UK was a full member of the European Union, leading to “increased costs of energy trading,” an EU spokesperson told EURACTIV.

read more... 07/01/2021

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Daily (28.12.2020): Market influenced on Thursday by Brexit deal and Christmas holidays

Oil prices were marked by monotonous trading on Thursday, due to the approaching Christmas weekend. Brent crude and WTI oil ended rather flat at $51.29 and $48.23 a barrel respectively.

read more... 28/12/2020

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UK, EU agree to provisional post-Brexit trade agreement

The UK and EU have reached a provisional deal over their future trading relationship, avoiding the prospect of the two sides imposing tariffs on billions of dollars worth of imported goods from next year.

read more... 28/12/2020

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Daily (24.12.2020): Carbon EUAs increased by 2.4% on Wednesday amid hopes for a Brexit conclusion before Christmas

Crude oil prices gained ground on Wednesday, supported by an unexpected drop in US crude and petroleum reserves. Despite limited gains due to the new strain of coronavirus, Brent oil ended 2.2% up at $51.20 a barrel, while WTI crude traded 2.3% higher at $48.12 a barrel.

read more... 24/12/2020

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France’s ambitious offshore strategy faces obstacles

As the European Commission prepares to publish its offshore renewable energy strategy, France’s wind farm projects – already delayed compared to its European neighbours – face opposition from fishermen already operating in difficult maritime environments because of Brexit.

read more... 19/11/2020

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