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EU approves German scheme to compensate hard coal plants for early closure

The energy regulator will publish seven tenders for the closure of hard coal and small lignite-fired power plants that will take place annually until 2026

read more... 30/11/2020

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InterGen gets green light for ‘UK’s largest’ battery project in Essex

The £200m project is expected to provide at least 320MW of capacity, with the potential to expand to 1.3GWh

read more... 30/11/2020

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Romania to apply EU gas network codes at non-EU borders

Romanian energy regulator Anre will apply EU network codes at the country's gas border points with Ukraine and Moldova, which could support greater interconnectivity, gas flows and trading liquidity between all three markets.

read more... 30/11/2020

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Daily (27.11.2020): European carbon prices surged to a new two-month high on Thursday amid strong auction results

Oil prices slipped from multi-month highs on Thursday as vaccine optimism had fizzled out and near-term pandemic concerns had resurfaced. Meanwhile, a build in crude oil inventories in the U.S. added further pressure on oil prices. Hence, Brent crude shed by 1.7% to settle at $47.80 a barrel. U.S. WTI crude ended at $44.93 a barrel, posting a 1.7% decline day-on-day.

read more... 27/11/2020

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French unions begin energy sector strikes over job fears from restructurings

The CGT union, alongside CFE-CGC, FCE-CFDT and Forces Ouvrieres (FO), had urged staff at EDF to strike for at least an hour, even those working remotely.

read more... 27/11/2020

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