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UK Faces Possibility Of Blackouts In January

There is a risk of blackouts in the UK in January when demand for electricity peaks and nuclear power plants enter scheduled maintenance.

read more... 29/09/2023

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EU surpasses 90% gas storage target ahead of winter

The European Union (EU) has surpassed its gas storage target, achieving a 90.12% capacity well ahead of the scheduled deadline of 1st November.

read more... 21/08/2023

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French power supply seen rebounding, but still below average

French power supply is set to rebound from low nuclear output in 2022, returning the country to the role of a net exporter, though a long maintenance schedule and current low hydropower availability are concerns heading into warmer months.

read more... 02/03/2023

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Daily (02.12.2022): Oil prices gain ground on Thursday due to uncertainty on a price cap level

Oil prices were bullish on Thursday, as EU members failed to agree on a price cap level over the past few weeks, but the limit is scheduled to take effect from 5 December. Stronger demand from China following the ease of restrictions in two major Chinese cities also contributed to the rise. Consequently, Brent crude increased by 1.7% to $86.88 a barrel and WTI oil edged 0.8% higher at $81.22 a barrel.

read more... 02/12/2022

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Germany to refill gas storage ahead of schedule

Germany’s energy and climate ministry expects to meet a target early to replenish the country’s gas stocks, ensuring households and industry will be supplied this winter, Der Spiegel reported at the weekend.

read more... 01/09/2022

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