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Daily (28.12.2022): European spot electricity prices fell sharply on Tuesday amid higher wind generation

Crude oil prices barely changed on Tuesday as restarts at some U.S. energy plants closed by winter storms offset gains from hopes of a demand recovery as China eases COVID-19 restrictions. Hence, Brent crude rose by 41 cents, or 0.5%, to settle at $84.33 a barrel, while U.S. West Texas Intermediate crude settled 3 cents lower at $79.53 per barrel.

read more... 28/12/2022

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Over one million European homes have batteries for their solar installations

More than one million European homes will welcome the New Year with batteries for their solar power plants. It is an increase of over 50% since the end of 2021, significantly higher than what was forecasted.

read more... 27/12/2022

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EDF further delays the restart of several nuclear plants

French nuclear operator EDF has further delayed the restart of several of its nuclear reactors affected by stress corrosion, in some cases until as late as June, as it struggles to get enough units online to meet winter power demand.

read more... 20/12/2022

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French government aims to cut red tape for new nuclear reactors

France has drafted legislation to streamline bureaucracy for administrative permits needed to build new nuclear power plants, as it aims to double down on its nuclear and renewable energy facilities amid a global energy crunch.

read more... 03/11/2022

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Iberian gas prices for utilities fall below cap for first time

Iberian wholesale market gas prices fell below a threshold set for gas-fired power plants in May for the first time on Wednesday after Spain's national grid operator warned it may reject LNG shipments due to overcapacity.

read more... 20/10/2022

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