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UK offshore wind industry unveils growth plan
The UK’s offshore wind sector is preparing for significant expansion with the introduction of an Industrial Growth Plan (IGP) by RenewableUK, the Offshore Wind Industry Council, and The Crown Estate.
read more... 19/04/2024
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What’s next for EU power market
The EU’s latest electricity market reforms will shortly enter into law but the ongoing dramatic transformation of Europe’s electricity system means that these reforms may be one building block in a much wider policy revolution.
read more... 19/04/2024
Daily (18.04.2024): Oil prices tumbled by over 3% on Wednesday, weighed by rising US inventories and easing war fears
Oil prices tumbled on Wednesday, dragged down by signs of restraint from Israel in its response to the Iranian attack, as well as a further unexpected jump in US crude inventories. Consequently, Brent crude stood at $87.29 a barrel, while WTI crude reached $82.69 a barrel, with both contracts dropping by around 3% day-on-day.
read more... 18/04/2024
Poland to raise cap on power prices, cut subsidies costs
The maximum power price for Polish households will be set at 500 zlotys ($123) per megawatt-hour (MWh) for the second half of 2024, according to a draft bill posted on the government's website late on Tuesday, up from 412 zlotys per MWh currently.
read more... 18/04/2024
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EU expected to sue Germany over gas tariff
The European Commission is expected to sue Germany for charging its neighbours an extra fee for buying gas from its storage, seen as flouting the EU's single market rules, two sources familiar with the matter said.
read more... 18/04/2024