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Portugal regulator seeks 1.9% power tariffs increase in 2024
Portugal's electricity market regulator ERSE has approved a 1.9% increase in regulated tariffs that affect about a million households and businesses and indirectly influence prices practiced by utilities, from January, it said on Tuesday.
read more... 18/10/2023
Denmark to treble power demand by 2035
Denmark’s annual power demand could treble to 127 TWh by 2035, fuelled by a surge of electrolysers using wind and solar power to create hydrogen and other green fuels, said the nation’s energy agency in a new study.
read more... 16/10/2023
France to force shops, offices to turn off lights
France will force commercial premises such as shops and offices to switch off lights as part of new measures aimed at cutting power demand, energy minister Agnes Pannier-Runacher said on Wednesday.
read more... 13/10/2023
Orlen makes FID on 1.2GW Baltic Power offshore wind project
Polish oil and gas company Orlen has taken the final investment decision (FID) on the 1.2GW Baltic Power offshore wind farm in the Baltic Sea.
read more... 13/10/2023
Daily (12.10.2023): European spot electricity prices surged on Wednesday amid falling wind output and potential strikes by power workers in France
On Thursday, Oil prices fell following reports that Saudi Arabia had committed to maintaining market stability in the face of possible supply disruptions in the Middle East caused by conflicts in the region. As a result, Brent crude dropped by 2% to settle at $85.82 per barrel, while WTI crude ended at $83.49 per barrel, down 3% day-on-day.
read more... 12/10/2023