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RWE to restart 3 lignite units (900 MW) this winter

German utility RWE will restart three lignite units – Neurath C (292 MW), Niederaussem E (295 MW) and F (299 MW) – from 1 October, with the facilities currently in reserve, the company said on Thursday.

read more... 12/08/2022

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Daily (11.08.2022): European power prices increased on Wednesday amid higher gas and coal prices

As investors hurried to riskier assets in response to lower-than-expected U.S. inflation statistics and promising news on U.S. gasoline consumption, oil prices gained ground on Wednesday, recovering from losses early in the day. Thus, Brent crude oil price settled 1.1% higher at $97.40, WTI crude rose by 1.6% to settle at $91.93 a barrel.

read more... 11/08/2022

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Sweden tops France as Europe's largest net power exporter

Sweden overtook France as Europe's largest net power exporter in the first half of 2022, as deep-rooted problems reduced French nuclear availability to historic lows, Energy analysts EnAppSys said on Wednesday.

read more... 11/08/2022

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EU gas storage goal likely in winter “tightrope walk”

Europe could achieve its gas storage goal of 80% of capacity before November but faces a “tightrope walk” this winter amid curbed flows from Russia, said a research fellow at the Oxford Institute of Energy Studies.

read more... 11/08/2022

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EU ban on Russian coal imports to take effect after transition ends

European Union (EU) member states will not be allowed to import any more coal from Russia after the transitional period for the bloc's embargo ends at midnight on Wednesday.

read more... 11/08/2022

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