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Daily (26.09.2024): Oil prices dropped by about 3 % on Wednesday as Saudi Arabia prepares to ramp up crude output starting in December
Oil prices fell by around 2.5% on Wednesday, as Saudi Arabia is preparing to increase its crude oil output starting in December. Brent crude closed at $73.46 per barrel, while WTI settled at $69.69 per barrel.
read more... 26/09/2024
Sweden eyes offshore wind reform to unlock massive queue of projects
Sweden has substantial offshore wind potential and a bulging queue of projects vying for permits. With the market in its infancy, developers are awaiting policy recommendations that could overhaul how sites are allocated.
read more... 26/09/2024
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New UK reactors to help keep the lights on
The first phase of the Electricity System Operator’s (ESO) project to manage voltage has begun, with three new reactors now working to help keep electricity levels stable.
read more... 26/09/2024
Germany, EU must match green power roll-out with more batteries
Rapidly growing solar and wind power across Germany and the European Union must be matched by more battery storage to capture weather-induced generation peaks and avoid more fossil fuel burning, energy think tank Ember said on Thursday.
read more... 26/09/2024
Daily (25.09.2024): British gas prices declined on Tuesday amid stable Norwegian flows and strong LNG supply outlook
Oil prices rose on Tuesday by nearly 2%, driven by escalating tensions in the Middle East. Brent crude closed at $75.17 per barrel, while WTI crude settled at$71.56 per barrel.
read more... 25/09/2024