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Low wind to prop up German spot prices over Easter
German spot power prices look set to hit their second highest on average for Easter weekend in a decade amid low wind power generation, traders told Montel.
read more... 10/04/2023
Daily (07.04.2023): Oil prices edged higher on Thursday ahead of Easter holiday and American Good Friday
Oil prices traded slightly higher for the third day on Thursday ahead of Easter holiday and American Good Friday, with investors also watching for signs of weakness in the U.S. economy. As a result, Brent crude ended at $85.12 a barrel, while WTI crude settled at $80.70 on Thursday.
read more... 07/04/2023
Finland to launch 6 GW offshore wind tenders by end of 2024
Finland’s state-owned enterprise for parks will launch tenders for five new offshore wind power projects – with a combined capacity of 6 GW – later this year and in 2024.
read more... 07/04/2023
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Bulgaria risks €10 billion over coal addiction
Bulgaria risks losing €10 billion as politicians continue to be reluctant to carry out reforms for the Green Transition, a move that would ensure Bulgaria continues to produce polluting and expensive electricity from coal and stays uncompetitive.
read more... 07/04/2023
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G7 climate ministers consider endorsing new gas investments
Climate ministers of the Group of Seven countries may make the case for new investments in natural gas supply, despite assessments that such investments would thwart globally agreed climate change goals, according to a document seen by Reuters.
read more... 07/04/2023