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Natural gas has formed higher lows connected by a rising trend line that’s been holding since the start of the month. Price is in correction mode and might be in for a test of this support. Buyers already seem to be defending the 50% Fib level at the $2.100 major psychological mark and could take the commodity price back up to the swing high at $2.193 or ...
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We set out how Italy plans to deploy an additional ~50 GW solar & 16 GW of wind capacity by 2030. A significant portion will be deployed in Southern & Island regions, which will soon face a critical lack of flexibility as shown in Chart 1. Electricity storage investment is key to maintaining system security of supply & enabling RES growth. chart 2. ...