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French, German ministers say nuclear power a difficult subject
The French and German finance ministers, during the first visit of new German Finance Minister Christian Lindner to Paris, said talks about the role of nuclear energy in European power markets will be difficult, even if they agreed on most other issues.
read more... 14/12/2021
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Germany Threatens To Shutter Nord Stream In Case of Ukraine “Escalation”
Germany will freeze the Nord Stream 2 gas pipeline in case of any “escalation” between Russia and Ukraine, the new German foreign minister said, citing an agreement between her country and the United States.
read more... 14/12/2021
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EU to propose joint gas buying in response to high energy prices
The European Commission will propose a system for EU countries to voluntarily jointly buy gas to form strategic reserves of the fuel, a measure drawn up in response to soaring energy prices, according to a document shared with countries ahead of a summit this week.
read more... 14/12/2021
Daily (13.12.2021): Oil prices gained around 1% on Friday supported by a stronger US dollar
Oil prices strengthened on Friday, as the US dollar gained ground on expectations of a Fed interest rate hike. Thus, both Brent oil and WTI crude closed 1% higher at $75.15 a barrel and $71.67 a barrel, respectively.
read more... 13/12/2021
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Southern Norway seen tipping into power deficit by 2026
Norway's power production surplus is expected to fall significantly by 2026, with the south of the country moving into deficit owing to rapidly increasing demand, power grid operator Statnett said on Friday.
read more... 13/12/2021