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UK to Boost Electricity Imports From the EU
The UK will boost its electricity imports from the European Union to offset any future supply shortages caused by the government’s decision to close the country’s last remaining coal power plant.
read more... 08/10/2024
Daily (08.10.2024): Brent crude surpassed the $80 a barrel for the first time since August amid concerns of a broader conflict in the Middle East
Oil prices surged by nearly 4% on Monday due to escalating tensions in the Middle East. Brent crude closed at $80.93 per barrel, surpassing $80 a barrel for the first time since August. Meanwhile, WTI crude closed at $77.14 per barrel.
read more... 08/10/2024
Daily (07.10.2024): European carbon prices fell to their lowest levels in about six months on Friday amid technical trading and weak demand
Oil prices inched up on Friday as concerns over potential supply disruptions in the Middle East continued to weigh on markets. Brent crude gained 0.5%, closing at $78.05 per barrel, while WTI crude increased by 1%, settling at $74.38 per barrel.
read more... 07/10/2024
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EC approves €1.2bn scheme to boost Poland’s electricity storage capacity
The European Commission (EC) has given the green light to a €1.2bn ($1.32bn) Polish scheme designed to bolster investments in electricity storage facilities.
read more... 07/10/2024
‘UK’s largest’ operating solar farm secures 20-year PPA
NextEnergy Capital (NEC) has announced that its subsidiary, NextPower UK ESG (NPUK ESG), has signed a significant 20-year sleeved Power Purchase Agreement (PPA) for Llanwern Solar Farm, the largest operating solar farm in the UK.
read more... 07/10/2024