Latest news
New law to protect European energy consumers from market manipulation
On Monday (18 March), the Council of the EU formally adopted a new law to protect energy consumers from wholesale market manipulation, aiming to strengthen surveillance of wholesale markets and guarantee open and fair electricity competition in the EU.
read more... 19/03/2024
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Britain's National Grid proposes $74 bln energy system upgrade
Britain’s National Grid, opens new tab has proposed a 58 billion pound ($74 billion) investment programme to boost grid networks beyond 2030 to accommodate expected growth in electricity demand and an increase in renewable power projects.
read more... 19/03/2024
Romania's Nuclearelectrica sees preliminary decision on SMR plant in 2025
Romania expects to make a preliminary final investment decision next year on whether to build a small modular reactor plant (SMR), which could become Europe’s first project using the technology, Energy Minister Sebastian Burduja said on Monday.
read more... 19/03/2024
Daily (18.03.2024): Gas prices rose sharply on Friday, boosted by LNG supply concerns due to rising Asian demand
Oil prices retreated slightly on Friday as investors took profits after prices hit a four-month high on Thursday. Hence, the Brent crude oil stabilized at $85.34 a barrel, while WTI crude stood at slightly above $81 a barrel.
read more... 18/03/2024
Norway holds inaugural offshore wind auction amid uncertainty over bids
Norway holds its first auction on Monday for the right to build a commercial offshore wind farm, offering up to 1.5 gigawatt (GW) of capacity, although interest has ebbed amid high project costs and there is still a risk of no bids being made.
read more... 18/03/2024