Latest news
Daily (05.09.2023): Oil prices surged close to the $90 per barrel threshold, marking their highest point since November 2022
Crude oil prices rose on Monday, to hit the highest levels since November 2022 amid announcement that Saudi Arabia and Russia will extend production cuts. Thus, Brent crude traded 0.5% higher at $89.00 a barrel. Meanwhile, U.S. WTI crude edged 0.4% higher at $85.93 a barrel.
read more... 05/09/2023
Israel, Cyprus and Greece mull energy pacts
The leaders of Israel, Greece and Cyprus on Monday pledged to deepen energy cooperation and explore ways to get East Mediterranean gas to Europe, as well as connect electricity grids.
read more... 05/09/2023
.jpg)
G20 per capita CO2 emissions from coal rise 7% from 2015
Group of 20 nations have increased per capita emissions nearly 7% from coal-fired power since 2015, with China and India adding new plants, and Australia's CO2 count per head nearly three times higher than the world average, research showed on Tuesday.
read more... 05/09/2023
.jpg)
Demand flexibility: a key challenge for EU electricity market reform
The massive development of intermittent renewable energies is set to dramatically increase the need for flexibility in the electricity grid, and market players want increased focus on demand management as a source of grid optimisation.
read more... 05/09/2023
Daily (04.09.2023): Oil prices surged to their highest levels since the beginning of the year, driven by a rebound in global demand and a tighter supply
On Friday, oil prices surged to their highest levels since January, driven by a rebound in global demand and tighter supply conditions. As a result, Brent crude climbed by about 2% to settle at $88.55 a barrel, while WTI crude soared by 2.3% at $85.55 a barrel.
read more... 04/09/2023