Latest news
UK's National Grid secures reserve power for winter 16/17
Britain's grid operator has secured an additional 3.58 gigawatts (GW) of electricity to cover prospective demand during winter 16/17, as stated by National Grid on Friday.
read more... 07/12/2015
Daily: European prompt power rebound as German wind output is expected to halve
Crude oil declined on Monday, reversing a previous hike following the release of a survey which estimated higher OPEC production in November, while a stronger dollar dragged down the demand for commodities denominated in the currency. Brent crude futures eased 25 cents, or 0.6 percent, to settle at $44.61 a barrel. WTI futures fell 6 cents to close at $41.65, down from a session high at $42.61.
read more... 01/12/2015
Daily: European spot power prices climb on weaker wind supply, strong demand in France
Crude oil futures slashed previous losses to close steady on Wednesday after a smaller-than-expected supply increase in the United States and a decline in the number of U.S. rigs actively drilling for oil. Brent crude futures rose 5 cents to settle at $46.17 on Wednesday, after slipping more than $1 to a session low of $45.03. U.S. crude's WTI futures ended the session 17 cents higher at 43.04 a barrel. WTI had also shed over $1 to hit an intraday low of $41.72.
read more... 26/11/2015
Daily: European power prices evolve differently as demand spurred French prices
Crude oil prices decreased over 2% on Friday, prolonging the week’s decline to the largest in eight months, dragged down by largest amount of storage of crude. WTI crude fell $1.01, or 2.42 percent, to settle at $40.74 a barrel. It lost about 8 percent on the week, its most since March. Brent crude dropped 46 cents, or 1.04 percent, to close at $43.60 a barrel. For the week, Brent plunged nearly 8 percent, also its most since March.
read more... 16/11/2015
Daily: European coal prices soar on approaching winter peak demand season
Crude oil futures recorded their lowest settlement level in more than a week, dragged down by increasing crude inventories in the United States and the dollar appreciation. West Texas Intermediate (WTI) crude for December delivery fell $1.12, or 2.4%, to settle at $45.20 a barrel on the New York Mercantile Exchange. That was the lowest level since October 27. Brent crude on London’s ICE Futures exchange decreased by 60 cents, or 1.2%, to close at $47.98 a barrel, with prices also at their lowest close in over a week.
read more... 06/11/2015