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Germany faces possible 7 GW supply deficit from 2022 – TSOs

Germany may need neighbours to cover up to 7 GW of its peak potential power demand during cold, dark periods of low wind output from 2022, network operators said in a study on Wednesday.

read more... 27/02/2020


Daily (26.02.2020): Oil prices at their lowest level in two weeks as the coronavirus outbreak hits demand expectations

Crude oil futures fell sharply on Tuesday, under pressure of the accelerating spread of the coronavirus outside China, which overshadowed OPEC output reductions and supply disruptions in Libya.

read more... 26/02/2020


Daily (19.02.2020): NBP spot soared by 2.8% on Tuesday due to weak LNG supply

Oil prices were almost unchanged on Tuesday in a market still concerned about the coronavirus epidemic and its economic consequences. Brent crude for April delivery rose by 8 cents, or 0.14%, to end at $57.75 per barrel. On the other side, WTI crude slipped by 0.5% to settle at $52.05 per barrel.

read more... 19/02/2020


Daily (14.02.2020): Brent up 1% on Thursday on prospects for deeper supply cuts

Crude oil futures edged higher for the third day in a row on Thursday, as the likelihood of deeper OPEC+ supply reductions offset forecasts for a declining demand due to the coronavirus spread. Brent crude for April delivery rose by 55 cents, or 1%, to settle at $56.34 a barrel on ICE London. U.S. WTI crude firmed by 25 cents, or 0.5%, to end at $51.42 a barrel on NYMEX.

read more... 14/02/2020


European Energy to supply 3TWh of clean power to RWE

Danish renewable power projects developer European Energy has signed a multiyear offtake agreement with RWE.

read more... 12/02/2020