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EU tries to unblock France, Germany spat over industrial competition
A stand-off between France and Germany over the future competitiveness of their industries will be the central point of discussion when EU energy ministers meet in Luxembourg on Tuesday, EU diplomats said.
read more... 17/10/2023
France under pressure to compromise in EU electricity market talks
As France and Germany negotiate a joint agreement to resolve differences over the EU’s proposed electricity market reform, Spain, which holds the EU’s rotating presidency, presented a new compromise proposal on Wednesday (11 October), which seems to put Paris’ back against the wall.
read more... 16/10/2023
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France to force shops, offices to turn off lights
France will force commercial premises such as shops and offices to switch off lights as part of new measures aimed at cutting power demand, energy minister Agnes Pannier-Runacher said on Wednesday.
read more... 13/10/2023
Daily (12.10.2023): European spot electricity prices surged on Wednesday amid falling wind output and potential strikes by power workers in France
On Thursday, Oil prices fell following reports that Saudi Arabia had committed to maintaining market stability in the face of possible supply disruptions in the Middle East caused by conflicts in the region. As a result, Brent crude dropped by 2% to settle at $85.82 per barrel, while WTI crude ended at $83.49 per barrel, down 3% day-on-day.
read more... 12/10/2023
France, Germany to aim for energy accord ‘by the end of the month’
Over the years, France and Germany have developed radically diverging electricity systems. While Paris puts large-scale nuclear power plants at the heart of its market, Germany is moving towards a smaller-scale decentralised power generation model relying on 100% % renewable energy.
read more... 12/10/2023