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Showing 12 of 16605 articles

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…

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EC 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…

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French 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…

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Agora 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…

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GAS – 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…

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Spanish 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…

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Finland’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…

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NORDIC – Front power extends gains on dry outlook

(Montel) Nordic power futures continued to climb by gaining about 6% in early Tuesday trade amid “very…

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GERMAN – 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…

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CO2 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…

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Brent 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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