Latest news
bp to invest up to £50 million in new global battery research and development centre in Britain
bp today unveiled plans to invest up to £50 million (around $60 million) in a new, state-of-the-art electric vehicle (EV) battery testing centre and analytical laboratory in the UK. bp has previously announced its intention to invest up to £18 billion in the UK’s energy system by the end of 2030; this additional new investment is a further example of bp’s commitment to the country.
read more... 02/08/2022
Daily (01.08.2022): The NBP spot gas price dipped on Friday as UK gas system is balanced with Nordstream stable flows
Oil prices rose on Friday as attention shifted to the OPEC+ meeting this week and waning hopes that the producing group increasing supply soon. Thus, Brent crude oil price settled 2.7% higher to $110.01, WTI crude rose by 2.3% to $98.62 per barrel.
read more... 01/08/2022
.jpg)
Greeks pitch new electricity market model as fight over market reform intensifies
With the EU subject to record-breaking electricity prices, leaders have tasked the European Commission with working towards a reform of a system they consider failed in order to decouple gas prices from electricity prices.
read more... 29/07/2022
.jpg)
National Grid unveils plan to upgrade UK’s electricity network
The UK-based National Grid Electricity System Operator (ESO) has published a £54bn ($64.9bn) plan to upgrade the country’s electricity network to handle rapid expansion in offshore wind energy.
read more... 11/07/2022
Commercial power trade between Ukraine and continental Europe to start June 30
Commercial electricity trade between Ukraine/Moldova and the EU will start on June 30, the European Network of Transmission System Operators said June 28.
read more... 29/06/2022