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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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PPC, RWE to finalise 2-GW Greek solar JV in Oct
The green energy unit of Green utility PPC SA and German energy major RWE AG are expected to complete their roughly 2-GW solar joint venture (JV) in Greece at the start of next month, Energypress reports.
read more... 28/09/2021
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US lures Eastern Europe with nuclear power, $23tln clean energy market
The climate crisis presents “a market opportunity for carbon-reducing technologies” such as nuclear power, said US energy Secretary Jennifer Granholm, teasing a $23 trillion market to countries in Central and Eastern Europe by 2030.
read more... 24/09/2021
Daily (23.09.2021): Oil prices gained 2.5% on Wednesday, supported by declining crude inventories in the United States
Oil prices strengthened on Wednesday, following the US Energy Information Administration’s weekly report showing a decline in crude stocks caused by the recent hurricanes. As such, Brent oil and WTI crude both rose by 2.5% to $76.19 and $72.23 a barrel, respectively.
read more... 23/09/2021
Daily (26.08.2021): Oil prices were bullish on Wednesday, supported by a significant drop in US crude reserves
Oil prices rose for a third session in a row on Wednesday, lifted by a higher-than-expected drop in crude reserves in the United States. As such, Brent oil increased by 1.7% to $72.25 a barrel and WTI crude gained 1.2% at $68.36 a barrel.
read more... 26/08/2021