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Daily (22.03.2023): Spot electricity prices in Europe tumbled on Tuesday, driven by surging wind output and weak demand

Oil prices continued to gain ground on Tuesday, supported by a return of risk appetite amid easing concerns about turmoil in the banking sector. Thus, Brent crude rose by 2% to $75.32 a barrel.

read more... 22/03/2023

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Britain considers coal power back-up for next winter - National Grid

Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter, National Grid said on Wednesday but plant operators said they are unlikely to be able to meet the request.

read more... 16/03/2023

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Daily (15.03.2023): Spot electricity prices in Europe soared on Tuesday, driven by rising demand and falling wind generation

In the wake of further monetary tightening, which triggered turbulence in the U.S. banking sector, oil prices ended sharply lower on Tuesday. Thus, Brent crude fell by 4% to $77.45 a barrel.

read more... 15/03/2023

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EU drafts rules to stop power suppliers cutting off vulnerable consumers

European Union countries will have to protect vulnerable consumers from being cut off by electricity suppliers if they cannot pay their bills, according to draft EU rules due to be published on Tuesday.

read more... 15/03/2023

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Finland's OL3 nuclear reactor resumes test output

Finland's much-delayed Olkiluoto 3 (OL3) nuclear reactor resumed test production of electricity on Wednesday after an outage of more than two months, facility operator TVO said.

read more... 15/03/2023

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