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Shetland link supplier announced

Hitachi ABB Power Grids has won the order from Scottish and Southern Electricity Networks Transmission, part of the UK energy major SSE plc, to enable Europe’s first multi-terminal high-voltage direct-current (HVDC) interconnection.

read more... 05/08/2020

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Daily (03.08.2020): NBP spot climbed by 5% on Friday, due to higher gas-for-power demand

Crude oil prices inched higher on Friday, stimulated by a weaker dollar and record high oil supply cuts by US in May. Consequently, Brent crude rose by 1.2% to $43.75 a barrel, while WTI futures increased by 0.6% to $41.27 a barrel.

read more... 03/08/2020

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German wind, solar tenders award 384 MW in July

Projects with a combined capacity of 384 MW secured surcharges in Germany’s tenders for wind and solar power this month, the Federal Network Agency, also known as the Bundesnetzagetur (BNetzA) has announced.

read more... 31/07/2020

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Daily (28.07.2020): European Cal’21 power prices declined to a six-week low on Monday, influenced by a 5% drop in benchmark carbon prices

Crude oil futures rose modestly at the beginning of the week, gaining little support from new stimulus package in the U.S. and weaker dollar. However, the persisting spread of COVID-19 and its impact on the economy, as well as U.S.-China tensions slashed prices gains. Hence, Brent crude added 0.2% to settle at $43.41 a barrel. At the same time, U.S.WTI crude increased by 0.8% to close at $41.60 a barrel.

read more... 28/07/2020

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Daily (23.07.2020): French spot power eyed 4.6% gains due to less solar and wind output

Oil prices declined slightly on Wednesday, as U.S. crude inventories rose surprisingly, while demand dropped on worsening relations between Washington and Beijing. Hence, Brent crude fell to $44.29 a barrel. The American benchmark WTI crude edged lower at $41.90 a barrel.

read more... 23/07/2020

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