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Daily (09.06.2017): UK wholesale gas prices rose 3-4% on Thursday on high gas-for-power demand

Crude oil fell for a second consecutive day on Thursday to hit a one-month low after an unexpected increase in U.S. inventories and on growing concerns over an oversupplied market following a rebound in oil production in Libya and Nigeria, which are exempt from OPEC's production cuts.

read more... 09/06/2017

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French regulator grants safety approval for Flamanville reactor

French nuclear regulator ASN is likely to give safety approval for the nuclear reactor vessel being constructed for French utility EDF at its location in Flamanville, as reported in the Le Figaro newspaper.

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Germany, Belgium and Denmark encourage the increase of Europe's offshore wind capacity

Germany, Denmark and Belgium joined with 25 industry giants, including Dong Energy and Siemens Gamesa, to issue a statement pledging to increase Europe's offshore wind capacity by almost 500% in the next decade.

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Daily (08.06.2017): Global oil prices declined sharply by 4-5% on oversupply concerns

Oil prices fell sharply on Wednesday, due to oversupply concerns after the U.S. energy department has estimated a rise in oil production.

read more... 08/06/2017

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Summer heatwaves will test electricity grids in Italy and Poland

Sustained heatwaves this summer might create problems for Italian and Polish power networks, potentially causing interruption to supply, but many of other grids in Europe seem to be ready, an electricity network lobby group warned on Wednesday.

read more... 08/06/2017

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