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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
Spain readies new tax on electric utilities' profits
The Spanish government is readying a new tax on electricity utilities' profits, which have been boosted by energy prices, Budget Minister Maria Jesus Montero said on Tuesday.
read more... 22/06/2022
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RWE buys 1.4-GW Dutch Magnum gas-fired power plant for Eur500 million
German utility RWE has bought the 1.4-GW Magnum power station in Groningen, the Netherlands from Sweden's Vattenfall for Eur500 million ($534 million), the utilities said June 2.
read more... 03/06/2022
Danish political agreement reached on up to 6 GW electrolysis target
A broad political agreement has been reached in Denmark to spur Power-to-X technologies, including a DKK-1.25-billion (USD 184m/EUR 168m) tender for hydrogen production, the Ministry of Climate, Energy and Utilities said on Tuesday.
read more... 16/03/2022
Daily (10.02.2022): European carbon prices lost around 6EUR on Wednesday amid an aggressive sell-off and British utilities swapping EUAs for UKAs
Crude oil prices rose on Wednesday, supported by an unexpected drop in US crude stocks. Gains, however, were limited by eased Russia-Ukraine tensions. As a result, Brent oil gained 0.9% at $91.55 a barrel and WTI crude edged 0.3% up at $89.66 a barrel.
read more... 10/02/2022