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UK's Crown Estate to lease sites for six offshore wind projects
Britain's Crown Estate will lease sites for six offshore wind projects capable of generating enough green electricity to power more than seven million homes by 2030 under agreements announced on Thursday.
read more... 20/01/2023
Daily (19.01.2023): European carbon prices reached their highest level in two weeks as a result of rising gas and electricity demand
Despite some hopeful predictions for oil consumption, oil prices were trading down on Wednesday as worries about the American recession took control. Investors have become aware that a recession is on the horizon amid US indices suggesting a severe slowdown in consumer spending. As a result, Brent crude oil slipped by $0.94, or 1.09% to settle at $84.98 a barrel. US WTI crude declined by 0.9% to end at $79.48 a barrel.
read more... 19/01/2023
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Need for speed as EU launches debate on electricity market reform
In response to soaring energy bills, the European Commission is preparing an overhaul of its electricity market with the objective of spreading the benefits of cheap renewables to all consumers.
read more... 19/01/2023
Daily (17.01.2023): German and French Cal24 electricity prices fell by 10% on Monday in response to the rapid price falls across the fuel market
Oil prices drifted lower for the first time in eight sessions on Monday, with China announcing 60,000 Covid-related deaths in the past month further stoking demand concerns. Hence, Brent crude declined by 82 cents, or 1% at $84.46 a barrel. U.S.WTI crude eased by 1.3% to $78.85 a barrel.
read more... 17/01/2023
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Sweden makes regulatory push to allow new nuclear reactors
Sweden is preparing legislation to allow the construction of more nuclear power stations to boost electricity production in the Nordic country and bolster energy security, Prime Minister Ulf Kristersson said on Wednesday.
read more... 12/01/2023