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Russia's Gazprom eyes capacity increase on China gas export link

Russia's Gazprom is working to boost the capacity of its landmark gas pipeline to China -- the Power of Siberia -- as it looks to ramp up flows via the line.

read more... 16/04/2020

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Polish coal giant doubles down on 2.5GW solar push despite business retrenchment

The owner of a double-digit-gigawatt portfolio of coal-fired power will press ahead with a shift to renewables even as it shuts down its non-essential business over the COVID-19 crisis.

read more... 16/04/2020

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Spanish power demand hits 20-year low

Spain’s power demand totalled 474 GWh (19.8 GW) on Sunday, its lowest for 20 years, according to Red Electrica data.

read more... 15/04/2020

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Nordic spot power hits record low over Easter weekend

The Easter weekend saw the two lowest spot prices for Nordic power since the euro was introduced in 1999, Nord Pool figures showed.

read more... 14/04/2020

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Daily (07.04.2020): European year-ahead power prices soared on Monday due to an aggressive increase in carbon prices

Oil prices started the week on a back foot after a postponement to Thursday of a meeting between OPEC and its allies aimed at reducing the excess supply of black gold on the world market. Hence, Brent crude for June delivery fell by $1.06, or 3.1%, to settle at $33.05 a barrel on ICE London. Meanwhile, U.S. WTI crude decreased by 2.26, or 8%, to end at $26.08 on NYMEX. The two benchmarks saw a recovery last Thursday and Friday due to signals of new production cuts sent by Russia and Saudi Arabia.

read more... 07/04/2020

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