The Australian federal government-backed #ClimateActive certification program continued to drive voluntary demand for Australian #Carbon Credit Units (#ACCUs) last year, although future growth remains uncertain as the scheme will undergo a planned reform
https://t.co/h21FsKtP5D
𝗡𝗲𝘄𝘀: Australia’s Carbon Market Institute (#CMI) organised a symposium in Canberra to mark the first anniversary of the reformed safeguard mechanism #ArgusMedia#ArgusVCM#ArgusAustralia#CarbonMarkets
By Juan Weik: https://t.co/mkBMGZEtgc
The Australian Carbon Credit Unit (ACCU) market has developed significantly in recent years. We spoke with the @CERegulator chair David Parker and general manager Carl Binning about that transformation at the @CarbonMarketIns forum in Cairns.
https://t.co/aUb4jkdJZG
The Australian Financial Markets Association (Afma) has partnered with the Carbon Market Institute (CMI) to develop standard documentation to support over-the-counter (OTC) trading of Australian Carbon Credit Units (ACCUs)
https://t.co/FTHVfMNqxE
Interesting webinar last Friday organised by the @CarbonMarketIns with updates from the @CERegulator and others on the upcoming Australian Carbon Exchange
https://t.co/fl0DHqnuCh
#Germany is currently examining reactivating its 1.9GW lignite supply reserve over the 2023-24 heating period, economic affairs and climate action ministry BMWK told Argus.
https://t.co/O3gCXbV5Rj
🌐⚡ 𝗡𝗲𝘄𝘀 𝘀𝘁𝗼𝗿𝘆: #EU Dec-Jan #powerdemand declined by around 5.4pc compared with the 5-year average for the period, but was below the 10pc voluntary reduction target set for the Dec-Mar period, #ArgusMedia data show | #electricity
Full analysis: https://t.co/qF2SLwHHT4
So @janrosenow reminded me that I needed to update the COAL IS COMING BACK Christmas tradition chart for the UK
I have also included a different version for your viewing pleasure.
Merry COAL IS COMING BACK month to all who celebrate! 🪨🤘🏽📈📊
Iberdrola believes Spain's gas clawback might be extended into 2024 and has hedged its renewable output out to 2025 at prices below the scheme's €67/MWh cap — full story here: https://t.co/6xkDMJi6BM
As the Iberian solution, capping gas prices for electricity generation to bring down retail prices, is gaining traction EU-wide, important to see what it will do to gas demand - a shortcut to gas rationing.
Fallout from nuclear in France clearly being plugged by gas plants.
🌐🛢️ Q&A: News story - #OpecPlus agreed a surprise 2mn b/d cut in #crudeoil output quotas after its first in-person ministerial gathering in 2.5 years in Vienna. Argus' @ncitayim interviewed #Opec sec-gen Haitham al-Ghais after the meeting: https://t.co/Fw0GGIxawB | #OOTT
It was great attending #IberREN in Madrid earlier this month and learn more about some of the main issues affecting renewable developers now https://t.co/dXbGd889PD
🇪🇸 News story: Spanish utility @Endesa does not plan to produce #coalfired#power in mainland Spain anymore despite not yet having received the closure approval for its last remaining plant | #ArgusPower#powerplant
By @jvweik: https://t.co/bLMbJldFOQ
Coal-fired power output in mainland Spain in June is at the highest since March 2019 but there are now just three units left as Endesa doesn't plan to operate Puentes anymore https://t.co/oWeOFOTAlc
Mainland Spain’s scheduled day-ahead CCGT output for tomorrow is the highest since at least 2014, according to @RedElectricaREE data, as the Iberian cap on gas generation kicked off
#Omie
Spain-France power capacity for June is the lowest since mid-2016, just as the Spanish price discount to France will widen sharply with the gas price cap on Iberian power generation https://t.co/jUbqkKryLS
Demand in Jan is usually among the highest in the year. Out of the 10 strongest months since 2014, Jan appears six times, including all the first months of years 2017-2021. Demand in Jan this year, however, was just the 31st highest out of the past 97 months since January 2014.
Power demand in mainland Spain last month was at the lowest for any January since 2004, as weaker industrial consumption amid high energy costs offset upside potential from colder weather
#ArgusPower