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Daily (04.10.2023): German spot power surged dramatically by over 200% due to reduced wind energy generation
On Tuesday, crude oil prices slightly increased from earlier lows, however, the rebound was limited by the prospect of higher interest rates and concerns over the health of the global economy. Hence, Brent crude edged 0.2% higher at $90.92 a barrel. Meanwhile, U.S. WTI crude rose by 0.5% to $89.23 a barrel.
read more... 04/10/2023
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France digs in on EU power market reform position
A group of countries led by France has proposed a compromise on the EU's electricity market design (EMD), pushing back on attempts by some countries to introduce stricter controls on future state aid for power plants, a document and sources said Tuesday.
read more... 04/10/2023
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EU countries consider scrapping part of energy reforms
European Union countries are considering scrapping a central part of reforms to Europe's electricity market, amid a deadlock between France and Germany over state aid for power plants, a document seen by Reuters showed.
read more... 03/10/2023
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Europe's solar industry warns against tariffs on imports
Europe's solar power industry has warned policymakers not to impose tariffs on imports, amid fears that disrupting supplies of products from China would seriously damage Europe's ability to rapidly install clean energy.
read more... 02/10/2023
UK Faces Possibility Of Blackouts In January
There is a risk of blackouts in the UK in January when demand for electricity peaks and nuclear power plants enter scheduled maintenance.
read more... 29/09/2023