Latest news
Daily: UK day-ahead gas prices tumble on UK-Belgium gas pipeline Interconnector closure
Crude oil prices recovered on Tuesday, spurred by expectations of a sixth consecutive weekly decline in U.S. crude supplies and dollar depreciation. The price of light sweet crude (WTI) for delivery in July rose $2, or 3.4%, to settle at $60.14 a barrel on the New York Mercantile Exchange. Brent crude boosted $2.19, or 3.5%, to close at $64.88 a barrel on ICE Futures Europe.
read more... 10/06/2015
Deutsche Boerse institutes European intraday electricity platform
Stock exchange operator Deutsche Boerse on Tuesday declared it has inked an agreement with five European energy exchanges to establish and run a joint platform to trade within-day electricity from 2017.
read more... 10/06/2015
Electricity producer Drax affected by weak prices
Drax has forward vended some of its power for this year at a 1.8 percent rebate to prices attained earlier this year denoting the British electricity producer is continuing to be affected by weak power prices.
read more... 09/06/2015
Daily: French and German electricity spot prices traded at par at 33.5 Eur/MWh
Crude oil dropped by 1 percent or more on Monday on a decline in Chinese demand and concerns that OPEC’s decision to hold its output threshold could prolong the actual oversupply, even if a weaker dollar slashed losses. Chinese imports slipped by more than 6 percent, against a 10 percent drop in exports. Brent crude lost 62 cents, or 1 percent, to settle at $62.69 a barrel. U.S. crude fell 1.7 percent, or 99 cents, to close at $58.14.
read more... 09/06/2015
Operators offer UK-Belgium electricity link agreements to Siemens, Sumitomo
Belgium's Elia and Britain's National Grid have offered two contracts together estimated at approximately 500 million euros ($558.35 million) to construct the first electricity trade cable between Britain and Belgium to Siemens and a division of Sumitomo Electric Industries.
read more... 09/06/2015