MNI China Daily Summary: Wednesday, July 10

MNI BRIEF: China To Investigate EU Trade Actions

MNI BRIEF: China June CPI Hits Three Month Low

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

MNI: US MBA: MARKET COMPOSITE -0.2% SA THRU JUL 05 WK

US MBA: REFIS -2% SA; PURCH INDEX +1% SA THRU JULY 5 WK

Indeed Wages Tick Higher, But Future Revisions Are Likely

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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ACER to Consult on Introducing PPA Contract Templates

POWER
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The European Union of Energy Regulators ACER will consult on the introduction of voluntary templates for PPA contracts, ACER said.

  • The public consultation will run from 20 June to 18 July 2024.
  • If the assessment (expected in Autumn 2024) highlights the need to develop templates for PPA contracts, ACER, together with all Nominated Electricity Market Operators (NEMOs), will start the process in Winter 2024, ACER added.
  • The announcement comes as EU member states must implement measures to promote the uptake of PPAs after the EU adopted changes to the EU power market on 21 May.
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The European Union of Energy Regulators ACER will consult on the introduction of voluntary templates for PPA contracts, ACER said.

  • The public consultation will run from 20 June to 18 July 2024.
  • If the assessment (expected in Autumn 2024) highlights the need to develop templates for PPA contracts, ACER, together with all Nominated Electricity Market Operators (NEMOs), will start the process in Winter 2024, ACER added.
  • The announcement comes as EU member states must implement measures to promote the uptake of PPAs after the EU adopted changes to the EU power market on 21 May.