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Daily (03.11.2021): British gas prices climbed on Tuesday amid low supplies from Russia, weak wind generation

Crude oil prices moved sideways on Tuesday ahead of weekly U.S. supply reports expected to show a rise in crude inventories and ahead of OPEC+ meeting. Hence, Brent crude ended rather flat at $84.72 a barrel. U.S. WTI crude lost 0.2% to end at $83.91 a barrel.

read more... 03/11/2021

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Daily (02.11.2021): German, French spot electricity prices hovered at above 200 EUR/MWh on Monday amid low renewable generation

Crude oil prices increased slightly on Monday amid expectations that OPEC+ would stick to existing production quotas at their meeting on Thursday. Hence, Brent crude added 0.4% to settle at $84.71 a barrel. U.S. WTI crude ended at 84.05 a barrel, increasing by 0.6% day-on-day.

read more... 02/11/2021

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Daily (07.10.2021): German and French spot power prices hovered around 300 EUR/MWh on Wednesday, due to high demand and weaker renewables generation

Oil prices lost ground on Wednesday, following a larger-than-expected rise in crude stocks in the United States. Consequently, Brent crude decreased by 1.8% to $81.08 a barrel. WTI oil fell by 1.9% to $77.43 a barrel.

read more... 07/10/2021

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Electricity and gas prices in UK and Europe hit records

Consumers in the UK and continental European are facing a growing price crunch for energy as wholesale electricity costs surpassed their highest ever level on Monday, boosted by low wind generation and the rally in natural gas to record heights.

read more... 07/09/2021

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Poland’s solar capacity doubles in a year

Poland's installed solar generation capacity doubled year on year to reach 5.5GW at the end of July, but its strong growth has raised challenges for the stability of the Polish power system, which continues to depend on less flexible coal and lignite-fired plants.

read more... 06/09/2021

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