News

Energy Data

Natural Gas

-0.16% 30.19 EUR/MWh

NBP Y+1 EUR/MWh
Power

+0.55% 83.44 EUR/MWh

BE Y+1 base
Oil

+1.51% 61.04 USD/bbl

WTI Crude
Green

+0.86% 80.65 EUR/tonne

CO2 EUA Dec 2025
Forex

+0.03% 1.1575

Rate EUR/USD
Daily News

Daily
Energy
Market
Update

www.energymarketprice.com

Nov 12, 2025

Daily (12.11.2025): Crude oil prices gained on Tuesday amid rising concerns over sanctions-related supply risks

Crude oil prices advanced on Tuesday, fuelled by the impact of recent U.S. sanctions on Russian oil. Lukoil declared force majeure at an Iraqi oilfield it manages, marking the most significant disruption to date from last month’s sanctions. Prices were further supported by hopes of an imminent end to the longest U.S. government shutdown, fol...

Nov 12, 2025

Global demand for oil and gas may increase until 2050.

The International Energy Agency (IEA) announced on Wednesday that global oil and gas demand might continue to grow until 2050, shifting away from earlier expectations for a rapid transition to cleaner fuels and indicating that climate goals are unlikely to be met. Under pressure from the U.S. for a greater focus on clean energy, especially during ...

Nov 12, 2025

Industrikraft will acquire a stake in the Ringhals new construction project company.

Swedish state-owned energy company Vattenfall has reached an agreement with the Industrikraft i Sverige AB consortium for joint investment and collaboration, marking a significant step in developing new nuclear power capacity in Sweden. Industrikraft, established in June 2024 to enhance Sweden's electricity supply, is progressing to the next phase...

Nov 12, 2025

Pumped storage is leading the way in the global effort for long-duration energy storage.

A new global assessment of long-duration energy storage (LDES) indicates that pumped storage hydropower is still the most widely used and market-ready option in major economies, despite governments exploring various alternative storage technologies. Conducted for Mission Innovation by Energy Systems Catapult, the study evaluated the technical feas...

Nov 12, 2025

Uniper outlines its proposal for a significant CCS facility in the Humber region.

Energy company Uniper is advancing plans to construct a significant carbon capture facility alongside a new gas-fired power plant in North Killingholme, aimed at supporting the Humber’s emerging low-carbon sector. The Killingholme Low Carbon Power (KLCP) initiative will feature a new combined cycle gas turbine (CCGT) facility equipped with carbon ...

Nov 12, 2025

SSE aims to raise £2 billion to support its investment initiative.

SSE Plc plans to raise approximately £2 billion ($2.6 billion) through new shares to support a £33 billion initiative aimed at upgrading its grids and enhancing renewable energy. Around 80% of this investment will focus on improving and expanding power grids in the UK, which need to adapt to the rapid growth in renewable energy, the transition to ...

Nov 12, 2025

The era of electricity has begun.

Global electricity demand is increasing much more rapidly than overall energy use, with renewables growing faster than any other significant energy source, according to the latest World Energy Outlook (WEO) from the IEA. IEA executive director Fatih Birol stated, "Last year, we said the world was moving quickly into the age of electricity — and i...

Nov 12, 2025

The design of the Oklo fuel facility has been approved.

The Nuclear Safety Design Agreement for the Aurora Fuel Fabrication Facility, where fuel for Oklo's first commercial-scale Aurora reactor will be produced, is the first under the US Department of Energy's Fuel Line Pilot Projects initiative and received approval in just under two weeks. In late September, Oklo was chosen as one of four companies b...

Nov 12, 2025

Odfjell Oceanwind has received DNV's Basic Design Approval for the Deepsea Star Floater.

Norwegian floating wind platform developer Odfjell Oceanwind has obtained Basic Design Approval (BDA) from DNV for its Deepsea Star semi-submersible floater design. The BDA permits the design's use with the SG 14‑236 DD 15 MW turbine from Siemens Gamesa across various offshore conditions. This approval, in line with DNV-RU-OU-0512, confirms that th...

Nov 12, 2025

EDP Renewables inaugurates an 87-MWp solar power plant in Germany.

EDP Renewables, a division of Portuguese energy company EDP SA, has launched an 87-MWp solar power plant in Brandenburg, Germany, marking its inaugural renewable energy project in the country. The Ketzin solar facility is expected to produce 91 GWh of clean energy each year, sufficient to power about 28,000 households. This output will contribute ...

Nov 12, 2025

Baltic 2 & 3 Offshore Substations to Sport Palfinger's Fully Electric Jib Cranes.

Palfinger has been hired by Iemants, a Smulders subsidiary, to provide two fully electric jib cranes for the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland, where they will be installed on the offshore substations. This marks the debut of Palfinger's fully electric DKJ500e cranes in offshore projects, with production taking place at Palfinger ...

Nov 12, 2025

UK's Innova receives approval for a 400-MW BESS project following an appeal.

British renewable energy firm Innova has obtained a permit on appeal for its 400-MW Stenson Lane battery energy storage system (BESS) in South Derbyshire, England. The Planning Inspectorate granted this approval, which was announced by the company on Friday, after the South Derbyshire District Council initially rejected the project due to concern...

Nov 12, 2025

Investors are returning to natural gas as demand increases significantly.

Natural gas has faced a tumultuous journey, shifting from being a crucial transitional fuel to being regarded as more polluting than coal. Recent EU legislation poses risks that could leave natural gas sidelined, yet investors are rediscovering their interest in gas investments. In his final year, President Biden placed a moratorium on new LNG exp...

Nov 12, 2025

Trump Includes Coal on List of Critical Minerals

The Trump administration has prioritized fossil fuels in its strategy to secure critical mineral supplies. Recently, the Interior Department designated 10 minerals as essential for the U.S. economy and national security, including metallurgical coal for steelmaking, copper, silver, boron, lead, phosphate, potash, rhenium, and silicon. This list ser...

Stay Connected to Our Newsletter

Our mission is to bring efficiency and innovation to each energy company in the world. Want to keep up to date with all our latest news and information? Enter your email below to be added to our mailing list.