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German net power imports to triple this year
German net electricity imports are set to rise more than threefold in 2024 as the nation continues its coal exit on the heels of a nuclear phase-out, consultancy Icis said on Monday.
read more... 30/01/2024
EU electricity prices: Will 2024 mark the end of national tariff shields?
Electricity prices on the EU wholesale market have been on a downward trend in recent months, a development some governments see as an opportunity to remove subsidies introduced in response to the energy crisis, while others see as a bad signal for the energy transition.
read more... 26/01/2024
Daily (24.01.2024): Forward electricity prices rose by about 1% on Tuesday amid comfortable supply outlook and bearish gas prices
Oil prices edged down on Tuesday, with concerns about the health of demand outweighing possible supply disruptions. As a result, Brent crude ended at $79.55, while WTI crude settled at $74.37 per barrel, both contracts falling by about 0.6%.
read more... 24/01/2024
Estonia plans small nuclear reactor to quit shale oil by 2030
Estonia plans to build a small modular reactor (SMR) to wean itself off the addiction to polluting shale oil and meet its target of producing 100% decarbonised electricity by 2030. A vote in Parliament is expected “in the first half of 2024,” officials say.
read more... 22/01/2024
Daily (17.01.2024): Gas and electricity forward contracts dropped on Tuesday amid comfortable supply levels, despite escalating tensions in the Middle East
Oil prices ended Tuesday with a mixed evolution as investors were cautious due to geopolitical tensions in the Middle East and amid a strong dollar. Hence, Brent crude advanced by about 0.2% to settle at $78.29, while WTI crude remained rather stable to bearish at $72.40 per barrel.
read more... 17/01/2024