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Daily (23.05.2023): European spot electricity prices rocketed by around 50% on Monday amid expectations of lower wind energy generation

Brent crude increased by 0.5% to $75.99 a barrel on Monday as oil demand is expected to rise in the second half of the year and amid declining supplies from Canada and OPEC+. WTI crude traded 0.7% higher at $72.1 a barrel.

read more... 23/05/2023

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Multinational consortium to build hydrogen hub in German port city

Agroup of seven German energy firms are collaborating to build 10GW of green hydrogen generation capacity by 2030. The deal aligns with Germany’s hydrogen targets for the same period.

read more... 26/04/2023

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European summit to spur wind energy production in North Sea

Nine European countries are holding a summit Monday aimed at scaling up wind power generation in the North Sea, spurred by the fall-out of the Ukraine war and the push for renewables.

read more... 24/04/2023

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French lower house report urges government to ditch Arenh

France should immediately suspend the Arenh regulation governing the sale by EDF of its nuclear generation to rivals, a lower house committee said in a new report.

read more... 13/04/2023

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Low wind to prop up German spot prices over Easter

German spot power prices look set to hit their second highest on average for Easter weekend in a decade amid low wind power generation, traders told Montel.

read more... 10/04/2023

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