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France ‘confident’ about EU electricity market reform
Energy Transition Minister Agnès Pannier-Runacher said she was “confident” that France’s requirements under the EU electricity market reform will be met, just weeks before formal negotiations are due to resume following the collapse of talks at the end of June.
read more... 06/09/2023
Demand flexibility: a key challenge for EU electricity market reform
The massive development of intermittent renewable energies is set to dramatically increase the need for flexibility in the electricity grid, and market players want increased focus on demand management as a source of grid optimisation.
read more... 05/09/2023
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France may split from EU on power market reform
France will reform its power market to protect domestic companies from price volatility on a national level if it cannot achieve its aims in the EU discussions, the country’s energy minister said on Tuesday.
read more... 31/08/2023
Daily (29.08.2023): German spot power surged dramatically by about 27% amid ongoing heatwave
Crude oil prices ended rather stable on Monday as markets faced another day of uncertainty over price direction. Despite China's economic stimulus measures, worries about possible additional U.S. interest rate hikes overshadowed the positive impact. Thus, Brent crude ended rather flat at $84.42 a barrel. Meanwhile, U.S. WTI crude edged 0.3% higher at $80.10 a barrel.
read more... 29/08/2023
UK energy bills to fall after Ofgem lowers price cap by 7%
Millions of British households will have cheaper energy bills from October after British energy markets regulator Ofgem cut its price cap again to reflect a further fall in wholesale power and gas prices.
read more... 28/08/2023