Over the years, France and Germany have developed radically diverging electricity systems. While Paris puts large-scale nuclear power plants at the heart of its market, Germany is moving towards a smaller-scale decentralised power generation model relying on 100% % renewable energy.
read more... 12/10/2023
Germany plans to extend the electricity and gas price caps it introduced last year until March 2024 and the European Commission is examining the measure, a source told Reuters on Friday.
read more... 09/10/2023
Germany's cabinet on Wednesday approved putting on-reserve lignite-fired power plants back online from October until the end of March 2024, the economy ministry said, as a step to replace scarce natural gas this winter and avoid shortages.
read more... 05/10/2023
On Tuesday, crude oil prices slightly increased from earlier lows, however, the rebound was limited by the prospect of higher interest rates and concerns over the health of the global economy. Hence, Brent crude edged 0.2% higher at $90.92 a barrel. Meanwhile, U.S. WTI crude rose by 0.5% to $89.23 a barrel.
read more... 04/10/2023
European Union countries are considering scrapping a central part of reforms to Europe's electricity market, amid a deadlock between France and Germany over state aid for power plants, a document seen by Reuters showed.
read more... 03/10/2023