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Daily (08.08.2023): Germany recorded seven hours of negative power with a low of -9.99 EUR /MWh amid elevated wind output
Crude oil prices fell on Monday as a result of reduced demand for gasoline in the US, following the end of the summer driving season. Furthermore, the expansion of Chinese strategic oil reserves added downward pressure on prices. Thus, Brent crude dropped by 1.1% to end at $85.34 a barrel. Meanwhile, U.S. WTI crude declined by over 1% to settle at $81.94 a barrel.
read more... 08/08/2023
UK is building Europe's first lithium refinery that could power up to a million electric cars
The UK is building Europe’s first and largest lithium refinery to produce the much-sought-after material.
read more... 08/08/2023
France becomes top European power exporter on nuclear upturn
France overtook Sweden to become Europe’s biggest net power exporter in the first half of 2023, amid an increase in nuclear power availability, while Germany ramped up imports, said Montel’s EnAppSys on Friday.
read more... 07/08/2023
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UK must build power lines faster, urges government’s first energy networks commissioner
The UK has the opportunity to accelerate the construction of new power lines, effectively tackling the long-standing backlog of renewable energy projects waiting to connect to the electricity grid.
read more... 07/08/2023
Britain boosts latest renewable power subsidy round by 22 million pounds
Britain has increased the amount available in its latest auction round to spur renewable power projects by 22 million pounds ($28 million) taking the total to 227 million pounds, the government said on Thursday.
read more... 04/08/2023