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Germany approves bringing coal-fired power plants back online this winter
Germany's cabinet on Wednesday approved putting on-reserve lignite-fired power plants back online from October until the end of March 2024, the economy ministry said, as a step to replace scarce natural gas this winter and avoid shortages.
read more... 05/10/2023
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France to miss 2030 interconnector targets
France is set to significantly increase its interconnector capacity by 2030 but will still fall short of TSO targets amid project delays, the country’s TSO RTE told Montel.
read more... 05/10/2023
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
Construction of first energy island off Belgian coast to start in 2024
Planning permission has been granted for the world’s first energy island project in the North Sea, with work due to start in early 2024, grid operator Elia announced on Tuesday.
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