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Daily (19.11.2019): NBP spot fell by 2% on forecasts for lower heating and gas-for-power demand due to milder weather

Oil prices lost ground on Monday amid uncertainty over a trade agreement between the U.S. and China. Furthermore, worries about crude oversupply also put pressure on oil contracts. Brent crude dropped by 1.4% to $62.44 a barrel and WTI futures fell by 1.1% to $58.05 a barrel.

read more... 19/11/2019

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Ukrainian power player hits 1GW milestone

Ukraine developer DTEK has reached 1GW of online renewables capacity after completing the 100MW Orlivska wind farm in the Zaporizhzhia region of its home market.

read more... 19/11/2019

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Daily (18.11.2019): French spot power price fell by more than 19% due to higher nuclear availability

Oil prices rose on Friday following the declaration made by OPEC’s Secretary General Mohammad Barkindo, stating that U.S. crude output is expected to fall in 2020. Brent crude surged by 1.6% to $63.30 a barrel.

read more... 18/11/2019

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Daily (15.11.2019): The German spot power contract lost 16.4% on Thursday, amidst a sharp rise in wind output

A build in U.S. crude inventories and higher oil production reported for this week put pressure on crude oil prices on Thursday. However, OPEC’s potential deepening of supply cuts later this year limited losses. Hence, Brent crude fell by 0.1% to $62.28 a barrel, while WTI futures dropped by 0.6% to $56.77 a barrel.

read more... 15/11/2019

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Ørsted greenlights 460MW solar and battery storage project

Ørsted has started the construction of a new 460MW solar power and battery storage project in the US.

read more... 15/11/2019

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