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Daily (03.04.2023): British gas prices moved upwards on Friday amid chilly April start, extension of nuclear strikes in France
Crude oil prices increased modestly on Friday, hovering at about a two-week high, supported by supply disruptions in Iraq and a calmer outlook for the banking sector. Hence, Brent crude for May delivery, which expired upon settlement, gained 50 cents, or 0.6%, to settle at $79.77 a barrel. In meantime, US WTI crude increased by $1.30, or 1.8%, to end at $75.67 a barrel.
read more... 03/04/2023
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Daily (31.03.2023): Oil prices gained ground on Thursday, on eased concerns related to financial markets and Iraq's cut in supply
Oil prices gained ground on Thursday, driven by eased concerns related to financial markets, but also by the prolongation of a shutdown in Iraq that is cutting supply by several million barrels. Thus, Brent crude traded around 1% higher to $79.27 a barrel, while WTI crude settled at $74.37, up by 2% day-on-day.
read more... 31/03/2023
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Dutch grid company awards $25bn in contracts to connect North Sea wind farms to shore
Dutch state-owned grid company TenneT has awarded 11 contracts worth a combined total of $25bn (€23bn) for the development of systems connecting wind farms in the North Sea to shore.
read more... 31/03/2023
Scottish project to use surplus wind for 3GW hydrogen
UK-based energy storage company Statera plans to develop a 3GW grid-connected electrolysis project near Aberdeen to turn surplus offshore wind power in Scotland into hydrogen, the company said today.
read more... 31/03/2023
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Electric grids need major upgrades to aid global energy transition
Modern electricity grids that can optimize clean power production from a constantly changing flux of renewable and fossil energy sources will play a vital role in enabling global energy transition efforts.
read more... 31/03/2023