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EU countries consider scrapping part of energy reforms

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

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UK Faces Possibility Of Blackouts In January

There is a risk of blackouts in the UK in January when demand for electricity peaks and nuclear power plants enter scheduled maintenance.

read more... 29/09/2023

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EU looking to invest massively in electricity storage

The EU needs to invest heavily in electricity storage, according to the European Commission – an idea supported by Polish electricity company Tauron, which proposes creating a European energy storage bank.

read more... 27/09/2023

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Egyptian solar and wind to boost Britain’s energy supply

Britain will reportedly import electricity generated by solar and wind farms located in the sun-soaked landscapes of Egypt.

read more... 25/09/2023

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Daily (21.09.2023): European spot electricity prices soared by over 100% on Wednesday amid a sharp decline in wind output

Oil prices dropped on Wednesday, driven by profit-taking and the continuing offensive stance of the US Federal Reserve, with doubts about the robustness of demand. As a result, Brent crude fell by 1.7% to settle at $89.66 a barrel, while WTI crude stood at $93.53 a barrel, down 1% day-on-day.

read more... 21/09/2023

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