Latest news
UK should extend its power sector, as diesel and petrol cars ban will increase the number of electric cars
Britain must build new power plants, grid networks, and electric vehicle charging points to avoid local power shortages, supporting millions of more battery-powered vehicles over the next two decades. Replacement of banned diesel and petrol cars with electric is technically feasible, and if drivers can be persuaded to recharge them overnight - when spare power capacity is abundant - the huge infrastructure cost could be reduced.
read more... 01/09/2017
Daily (01.09.2017): European carbon prices dropped by 1.3% on Tuesday, below €6 level
Oil prices rose slightly on Thursday, contrary to the expectations of the OPEC, as oil traders focused more on Hurricane Harvey’s hit on oil demand than the impact of supply disruptions. For some veteran OPEC officials, Hurricane Harvey’s impact on global oil markets was quite strange, as the storm has led to some of the biggest disruptions to U.S. energy infrastructure, but failed to boost strongly the crude prices. Brent crude ended $1.52, or almost 3% up at $52.38, while the WTI price grew by 2.76% at $47.23 a barrel.
read more... 01/09/2017
(31.08.2017): Weekly Energy Market Review at a Glance
Here's a quick snapshot of the main energy indicators in the last 7 days.
read more... 01/09/2017
Total hopes to obtain 2 million gas and power customers in France
French oil and gas company Total will begin to retail gas and electricity in France by the end of this year and hopes to win about two million customers, as stated on Wednesday by chief executive Patrick Pouyanne.
read more... 31/08/2017
Daily (31.08.2017): Brent fell 2.2% on Wednesday, due to a lower demand for crude
Oil prices dropped on Wednesday as flooding from Tropical Storm Harvey knocked out approximately a quarter of U.S. refineries, leading to a decline in demand for crude. Brent crude ended $1.14, or 2.2%, down at $50.86. Meanwhile, WTI price decreased by 1.1% to $45.96 a barrel.
read more... 31/08/2017