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Wind generation lower on the year in January

Wind output accounted for 25pc of the Spanish generation mix and fell on the year in January 2024. Peninsular electricity demand rose slightly from January 2023.

read more... 05/02/2024

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Czechs ask French, S.Korean firms for binding bids for up to 4 nuclear blocks

The Czech government said on Wednesday it would seek binding bids to build up to four nuclear power plant units instead of one, widening a long-running tender aimed at keeping nuclear power a big part of the country's energy mix in the coming decades.

read more... 01/02/2024

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Daily (29.01.2024): Oil and gas prices rose on Friday amid concerns over escalating tensions in the Middle East

Oil prices closed higher on Friday following an attack on a British tanker by Yemeni Houthi rebels, reigniting concerns about potential disruptions to Middle Eastern oil supplies. Consequently, Brent crude settled 1.4% higher at $83.55, while WTI crude ended at $78.01 per barrel, marking around a 1% daily gain.

read more... 29/01/2024

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Daily (19.01.2024): Oil prices jumped by about 2% on Thursday amid supply tightness fears

On Thursday, oil prices jumped by around 2%, driven by indications of tightening supply and escalating crisis in the Middle East. Market participants noted that an increasing number of ships avoiding the Red Sea were beginning to disrupt flows, adding additional pressure to the market. Thus, Brent crude settled at $79.10, while WTI crude ended at $74.08 per barrel, both contracts marking a 2% daily increase.

read more... 19/01/2024

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EU ministers to agree energy measures extension

EU ministers are likely to approve the prolonging of several emergency energy measures, including a gas price cap, by at least a year at a meeting next Tuesday, said a senior diplomatic source on Tuesday.

read more... 13/12/2023

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