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Dutch coal-burn halved in 2020

Coal-to-gas fuel switching cut coal-fired generation in the Netherlands by more than 50pc year on year in January-August, despite power generation increasing.

read more... 27/11/2020

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Daily (26.11.2020): European power prices soared on Wednesday amid colder weather outlook and lower wind generation

Crude prices hit an eight-month high on Wednesday, supported by a drop in US oil stocks, progress on the coronavirus vaccine and optimism ahead of the next OPEC+ summit. As such, Brent crude rose by 1.6% to $48.61 a barrel, while WTI oil ended 1.8% higher at $45.71 a barrel.

read more... 26/11/2020

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Daily (25.11.2020): Oil futures surged to 9-month high on Monday amid strong optimism on coronavirus vaccine, transition to Biden presidency

Crude oil futures climbed to fresh multi-month highs on Tuesday as optimism arising from potential coronavirus vaccines overshadows inventory build-up in the US. The beginning of transition of power in the White House added further support to WTI. Hence, Brent crude surged by $1.80, or 3.9%, to close at $47.86 per barrel. Meanwhile, U.S.WTI crude soared by $1.85, or 4.3%, to finish at $44.91 per barrel. Both contracts reached their highest settlements since March, even returning to levels before the outbreak of the coronavirus pandemic.

read more... 25/11/2020

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Coal supply resumes, two private power plants to restart operations

Private plants faced coal shortage after freight trains were suspended by the central government over the stalemate with protesting farmers’ unions on resumption of passenger trains

read more... 25/11/2020

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Turkey grants construction permit for Akkuyu unit 3

Turkey's nuclear regulatory authority (Nükleer Düzenleme Kurumu - NDK) has issued a construction licence to Russian-owned JSC Akkuyu Nuclear for unit 3 of the Akkuyu nuclear power plant in Mersin province, in southern Turkey.

read more... 20/11/2020

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