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Italy’s high gas reliance stalls renewables growth
As the EU’s largest producer of gas-fired power generation, Italy’s gas usage in its power generation mix is about 50%, nearly three times the EU average, the think tank said in a report.
read more... 30/04/2024
Daily (26.04.2024): European near-term gas and power prices surged on Thursday as reduced Norwegian flows and colder weather boosted demand
Oil prices posted modest gains on Thursday, supported by intensifying Middle East tensions. However, a pessimistic global demand outlook capped gain. Thus, Brent crude rose by 1.1% to settle slightly above $89 a barrel, while WTI crude edged 1% higher at $83.57 a barrel.
read more... 26/04/2024
Nuclear gains favour in Europe, but financing struggles remain
Though EU countries remain divided about nuclear power, the insecurity brought on by the war in Ukraine has sparked increased interest from politicians not seen in decades. But are they willing to match big talk with big wallets?
read more... 25/04/2024
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Belgium demands probe into “massive” French power export curbs
The ongoing cuts, which French TSO RTE said it had been forced to carry out to ensure the safety of the grid, were weighing on already low French prices in an oversupplied market, helping to keep them well below those in Belgium and Germany, analysts said.
read more... 22/04/2024
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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