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Germany shutters seven coal power plants as energy crises eases

Seven lignite-fired power plant units with a combined generating capacity of 3.1 gigawatt will be shut down in Germany at the end of March after the plant’s planned decommissioning was postponed due to the 2022 energy crisis.

read more... 27/03/2024

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Daily (07.03.2024): Oil prices rallied on Wednesday amid US demand recovery and Fed rate cut speculations

On Wednesday, oil prices rebounded, driven by increased demand in the United States and statements from the President of the Federal Reserve (Fed) indicating potential interest rate cuts later this year. As a result, the Brent crude oil stood at $82.96 a barrel, while WTI crude settled at $79.13 a barrel.

read more... 07/03/2024

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Czech concerns over costs and delays cast shadow on French EDF nuclear bid

In the race to secure a nuclear unit tender for the Dukovany power plant, Czechia express concerns over cost overruns and delays, casting a shadow on French company EDF’s bid.

read more... 07/03/2024

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Bulgaria and France sign nuclear agreement

The two countries will collaborate across all areas in the field of nuclear energy as Bulgaria seeks to accelerate construction of the new units at the Kozloduy nuclear power plant.

read more... 26/02/2024

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Daily (14.02.2024): European carbon prices continued their downward trend on Tuesday amid selling pressure and bearish energy complex

Oil prices finished higher on Tuesday, despite a disappointing inflation report from the United States, which some saw as a sign that demand remains sustained. Hence, Brent crude rose by about 1% to settle at $82.77 a barrel, while WTI crude increased by more than 1.2% to stand at $77.87 a barrel.

read more... 14/02/2024

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