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Daily (19.12.2019): French spot power plunges 33% on Wednesday on high wind, nuclear generation

Crude oil futures were rather flat on Wednesday after moving upward four trading days in a row. Brent crude edged higher, paring earlier gains following the latest oil inventory figures from the American Petroleum Institute (API) and the U.S. Department of Energy (DOE). Brent crude for February delivery added 7 cents, or 0.1%, to end at $66.17 per barrel. WTI for January delivery slipped to $60.93 per barrel.

read more... 19/12/2019

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Smolensk unit 3 gets licence extension

Russian regulator Rostechnadzor has issued a 15-year operating licence extension for unit 3 of the Smolensk nuclear power plant, the last of three RBMK-1000 reactors at the site in western Russia. The move means the whole plant has permission to operate for a total of 45 years.

read more... 18/12/2019

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French strike cuts power capacity by 2 GW

A strike is cutting France’s power capacity by 2,055 MW on Wednesday morning, of which 665 MW was nuclear, 1,160 MW coal and 230 MW hydro, the latest transparency data showed.

read more... 18/12/2019

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France's EDF extends Cruas 2 nuclear reactor outage to Saturday

French utility EDF on Wednesday extended the outage at its 900 MW Cruas 2 nuclear reactor by two days until Saturday, adding that resumption of power generation could be delayed by ongoing safety checks following an earthquake.

read more... 05/12/2019

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Daily (29.11.2019): French spot power price up 18% on Thursday on less nuclear availability and stronger demand

Crude oil prices diverged on Thursday, with WTI edging higher on intensified tensions between the US and China after President Donald Trump signed a bill backing protesters in Hong Kong. Despite a higher-than-expected rise in crude and gasoline inventories and a record peak in US production, WTI rose by 0.2% to settle at $58.25 a barrel. However, its European equivalent, Brent crude ended 0.3% down at $63.87 a barrel, extending losses hit in the previous session.

read more... 29/11/2019

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