Latest news
Drax plans GBP-2bn bioenergy-plus-CCS project
UK power producer Drax Group Plc plans to invest GBP 2 billion (USD 2.39bn/EUR 2.37bn) this decade in the development of two units under a bioenergy-with-carbon-capture-and-storage (BECCS) project at its North Yorkshire power station.
read more... 13/07/2022
(Daily 30.06.2022): German and French long-term power prices rose amid persistent worries over a winter supply shortage
Oil prices declined on Wednesday as fears about a shortage of crude oil supply were counterbalanced by an increase in gasoline and distillate stocks in the United States and concerns over slower global economic growth. Thus, Brent crude fell by 1.5% to settle at $116.26 a barrel. WTI crude decreased by 1.8% to $109.78 per barrel.
read more... 30/06/2022
Daily (29.06.2022): Oil prices rose as major exporters appeared unlikely to be able to significantly raise supply
Oil prices rose for the third day in a row on Tuesday as major exporters - Saudi Arabia and the United Arab Emirates - appeared unlikely to be able to significantly raise supply. On the other hand, Western countries agreed to investigate into potential measures to regulate the price of the Russian crude. Brent crude therefore increased by 2.5% to close at $117.98 a barrel.
read more... 29/06/2022
Daily (24.06.2022): Oil prices fell to $110 a barrel amid concerns of a slower economic growth in the United States
Oil prices fell on Thursday after more remarks from Federal Reserve Chair Jerome Powell stoked concerns that interest rate hikes might lead to a slower pace of the economic growth. Brent crude decreased by 1.5% to $110.05 a barrel.
read more... 24/06/2022
.png)
Daily (17.06.2022): European power curve prices surged on Thursday amid gas cut fears
Crude oil prices increased to their highest levels in over a week in choppy trade on Thursday as traders assessed the prospect of more rate hikes against persistently tight supplies. New sanctions by United States on Iran lent further support. Hence, Brent crude rose by 1.1% to $119.81 a barrel. US WTI crude increased by 2%, to end at $117.58 a barrel.
read more... 17/06/2022