END OF DAY – CO2 climbs with energy market gains
(Montel) European carbon prices were rising on Tuesday, as they were bolstered by gains across energy markets including…
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Helen cites lofty CO2 prices for early coal plant closure
(Montel) Record high carbon prices above EUR 50/t contributed to Finnish utility Helen’s decision to bring forward the…
Read moreEC approves funding plan for German green hydrogen projects
(Montel) The European Commission has approved Germany’s EUR 25.6bn recovery and resilience plan under which the country should…
Read moreFrench strike cuts power capacity by 3.9 GW
(Montel) An ongoing French strike by energy workers was cutting the country’s power capacity by about 3.9 GW…
Read moreAgora analyst criticises EU green H2 plans as overambitious
(Montel) European Union targets for green hydrogen are overambitious, as demand for the renewable gas may only hit…
Read moreGAS – TTF front month extends high on supply concerns
(Montel) Front-month gas on the TTF hub extended a 13-year high above EUR 30/MWh on Tuesday driven by…
Read moreSpanish power futures fall in wake of generation-tax freeze
(Montel) Spanish power futures dropped on Tuesday after the government announced the suspension of a 7% tax on…
Read moreFinland’s Helen to close 220 MW coal plant in April 2023
(Montel) Finnish utility Helen will bring forward the decommissioning of its 220 MW coal-fired power plant Hanasaari in…
Read moreNORDIC – Front power extends gains on dry outlook
(Montel) Nordic power futures continued to climb by gaining about 6% in early Tuesday trade amid “very…
Read moreGERMAN – Spot power eyes 4-year high on low wind, solar
(Montel) German day-ahead power prices looked set to rise 11% to reach a four-year high on Tuesday as…
Read moreCO2 rally makes early German coal exit economical – Wartsila
(Montel) This year’s rally in carbon prices has already made it both cheaper and greener for Germany…
Read moreBrent crude tops USD 75/bbl as travel demand rebounds
(Montel) Brent crude oil topped USD 75/bbl on Tuesday amid rising demand optimism driven by strong travel data.…
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