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Norway may tax power exports to keep domestic prices down
Norway's government said on Wednesday it would consider taxing electricity exports and impose other changes to its energy market to preserve more power for domestic use and keep a lid on prices.
read more... 16/02/2023
Countries warn EU against 'crisis mode' overhaul of energy market
Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to rush into major changes to the European Union's electricity market in response to the energy crisis, calling instead for limited tweaks to the system.
read more... 14/02/2023
Daily (08.02.2023): European spot electricity prices fell on Tuesday amid strong wind generation.
Oil prices rose for the second consecutive day on Tuesday, partly due to the closure of a Turkish export terminal following the earthquakes that struck Turkey and Syria on Monday. However, the main driver of the increase was expectations of a recovery in Chinese demand. As a result, Brent crude increased by 3% to $83.69 a barrel and WTI oil rose by 4% to $77.14 a barrel.
read more... 08/02/2023
Poland eyes boost for nuclear energy in EU power market reform
Poland has urged the European Union to use upcoming reforms to Europe's electricity market to do more to support investments in nuclear energy, according to a document seen by Reuters.
read more... 07/02/2023
UK energy support schemes' cost halved as mild winter tames prices
Britain is likely to spend 69 billion pounds ($82.95 billion) on schemes to protect households and business from soaring electricity costs, half of the original estimate, a UK spending watchdog said, as a mild winter softened energy costs.
read more... 07/02/2023