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Construction starts on electricity link between France, Ireland
Construction on a high-voltage subsea cable able to carry enough power for 450,000 homes, with the aim of boosting energy security and helping to reduce bills, began on Monday between France and Ireland.
read more... 14/11/2023
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Germany boosts the independence of its electricity grid regulator
The 2021 ruling from the EU’s top court said the country’s energy network regulator was not sufficiently independent from the government.
read more... 13/11/2023
Crown explores additional offshore wind capacity
The Crown Estate has initiated steps to potentially unlock an additional 4GW of green electricity from several offshore wind farm projects currently in development.
read more... 13/11/2023
Germany reaches deal on electricity price support for industry
The German government has reached a five-year agreement on a package of measures to support industry in the face of high electricity prices, as it steps up efforts to stop firms relocating to countries with lower production costs.
read more... 10/11/2023
Daily (07.11.2023): European spot electricity prices skyrocketed by over 300% on Monday amid declining wind generation and a drop of French nuclear availability
Oil prices recovered slightly on Monday, after Saudi Arabia and Russia reaffirmed their crude production and export cuts until the end of the year. Consequently, Brent crude closed at $85.18 per barrel, and WTI crude ended at $80.82 per barrel.
read more... 07/11/2023