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Barges slash coal loadings by 60% as river levels diminish | Montel
(Montel) Barges carrying coal to inland German power plants are cutting loading capacity by 60% amid lower river levels, potentially constraining shipments to inland plants and adding to bearish marke...
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EU capacity mechanism costs to reach EUR 7.4bn – Acer | Montel
(Montel) EU capacity mechanism costs are projected to reach EUR 7.4bn in 2023, up 40% from the EUR 5.2bn paid out in 2022, said EU energy regulatory agency Acer on Wednesday.
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Asia-Pacific coal prices hit 2-month low on muted demand | Montel
(Montel) Benchmark Pacific Basin coal prices have dropped over the past week to a near two-month low amid muted near-term demand and growing supply but pre-winter restocking would likely limit losses,...
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EUAs to top EUR 400 by 2040 on emission cut target – LSEG | Montel
(Montel) EU carbon prices are set to soar above EUR 400/t by 2040 – boosted by the region’s 90% emission reduction target for that year, LSEG said on Wednesday.
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LNG reliance exposes EU gas to new volatilities – CEOs | Montel
(Montel) Europe’s increased reliance on LNG means the gas market has become more exposed to global supply-demand trends, which could still trigger some heightened volatility despite already high stock...
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Brookfield acquires 4 GW UK green firm in USD 1bn deal | Montel
(Montel) Canadian investment firm Brookfield has bought one of the largest UK green developers, Banks Renewables – which has a 4 GW portfolio – for USD 1bn, the Financial Times reported on Tuesday.