Energy commodities: 31/08/10
Crude falls as traders await US economic data, natural gas rises as US northeast heats up, thermal coal shipments at port of Newcastle down. EUAs and Cers buoyed up on German power and low volumes.
Crude falls as traders await US economic data, natural gas rises as US northeast heats up, thermal coal shipments at port of Newcastle down. EUAs and Cers buoyed up on German power and low volumes.
Capacity expected to rise by 50% by 2015, five years ahead of schedule.
Crude sinks below US$73/bbl, cooler weather in the US drags natural gas and electricity production down, EUAs and CERs drop on profit taking.
Oil rebounds on weaker dollar, storm fears. Consumption at key Chinese coal-fired power plants up. CDM board axes HFC23 projects, EUAs settle above €15.00/t.
China invests in two Zambia hydropower projects – Kariba North Bank and Kafue Gorge Lower – as the African country plans for increases in future power requirement.
Crude edges up despite record US inventories, natural gas falls despite lower than expected injection into storage, coal prices edge up on technical factors, CER-EUA spread narrows to a new low on HFC23 project fears.
Total US oil and oil product inventories hit new high, oil prices recovering thanks to US and Asian equities, NYMEX natural gas trades lower on cooler temperatures, quiet storm season, coal prices edge up on higher buying.
IFandP takes a look at the latest developments in this rapidly changing arena and looks at the dangers posed by cyber attacks to power utilities and the smart grid.
Oil slides on economic concerns before receiving boost from lower US dollar, coal prices continue to sink on weak demand and lower German power, EUAs and CERs see weak liquidity, edge down on negative energy complex.
Investment aimed at boosting transmission capacity to eastern and central provinces.
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