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Daily (10.12.2018): German power spot price plunged by 72% on Friday due to strong wind generation

An agreement reached by OPEC, Russia and several other producers to reduce output in 2019 boosted oil prices on Friday. Brent crude surged by $1.61, or 2.7 percent, to $61.67 a barrel. WTI crude jumped by 2.2% to $52.61 a barrel.

read more... 10/12/2018

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Scottish wind power output breaks 100% output milestone

Wind output in Scotland has broken through the 100% threshold for the first time with 109% of total electricity demand being met from renewables, according to new data.

read more... 10/12/2018

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Daily (06.12.2018): Gas and power prices fell on Wednesday: low demand, warm weather and strong wind generation

Oil prices slipped on Wednesday, as President Donald Trump expects steady crude flows. Brent crude price edged 0.8% lower to $62.08 a barrel. Meanwhile, WTI crude fell 0.7% to $52.89 a barrel, as losses were limited by potential cuts in oil production. 

read more... 06/12/2018

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Russia and Rwanda to cooperate in nuclear power

Russia and Rwanda have signed an intergovernmental agreement on cooperation in the use of nuclear energy for peaceful purposes. It was signed today in Moscow by Alexey Likhachov, director general of Russian state nuclear corporation Rosatom, and Claver Gatete, Rwandan minister of infrastructure.

read more... 06/12/2018

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UK-Belgium power link launched

The Nemo subsea power interconnector that links the UK and Belgium has officially been launched.

read more... 06/12/2018

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