Latest news
Ofgem mulls reduction of subsidies for small-scale power producers
Britain's energy watchdog, Ofgem proposed on Wednesday to slash subsidies to some small-scale power producers that provide back-up electricity during peak demand.
read more... 01/03/2017
Daily (1.03.2017): German spot power contract soars 20% on changeable wind patterns
Crude oil prices lost ground on Tuesday, but continued to trade in a tight range, as concerns about swelling U.S. crude stockpiles eclipsed OPEC production reductions. U.S. crude stockpiles have boosted for seven straight weeks. Forecasts for another weekly build of 3.1 million barrels fueled worries that demand growth may not be enough to absorb the oversupply.
read more... 01/03/2017
RTE: Cold spell makes France a net power importer for the second straight month
France was a net electricity importer for a second consecutive month in January due to extremely cold weather which drove peak demand to its highest level in five years against the context of low nuclear and hydropower supply, according to grid operator RTE.
read more... 24/02/2017
Daily (10.02.2017): German spot power prices plunge 23% on strong wind output
Crude oil prices extended gains on Thursday with U.S. prices climbing on data that gasoline demand could bolster in the world's biggest oil market, although robust crude supplies meant that fuel markets remain under pressure.
read more... 10/02/2017
Coal exports from South Africa's Richards Bay fall behind 2016 target
Coal exports from South Africa's Richards Bay Coal Terminal (RBCT) drooped to 72.6 million tonnes, behind its target of 75 million due to weak demand from Europe.
read more... 31/01/2017