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German energy regulator expects lower power reserve needs this winter
Germany's energy regulator said on Friday it has asked for less reserve power capacity to avoid supply shortfalls in the coming winter than it did last year, citing increased capacities reactivated when Russia stopped gas flows last year.
read more... 02/05/2023
Daily (13.04.2023): WTI crude ended at its highest level of the year on Wednesday, amid fears of a tightening global supply and slowing U.S. inflation
Oil prices climbed on Wednesday, with WTI crude ending at its highest level of the year, as fears of a tightening global supply and slowing U.S. inflation offset the slight rise in U.S. crude inventories. As a result, Brent crude ended at $87.33 a barrel, while WTI crude settled at $83.26 on Wednesday.
read more... 13/04/2023
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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
Daily (05.04.2023): Spot electricity prices in Europe gained ground on Tuesday due to declining wind power output
Oil prices ended Tuesday’s session rather flat to bullish, failing to capitalize further on surprise output cuts by several members of the OPEC+ alliance, with the market more concerned about demand than supply. As a result, Brent crude ended at $84.94 a barrel, while WTI crude edged around 0.4% higher to settle at $80.71.
read more... 05/04/2023
Czechia replaces Russian nuclear fuel imports with US imports
The US company Westinghouse will supply both Czech nuclear plants with fuel, so the country can quit importing Russian nuclear fuel until the end of 2023.
read more... 05/04/2023