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Hinkley nuclear power station on track for 2026 opening
The UK's newest nuclear power station is on track to open by the end of 2026, the company building it has said.
read more... 29/09/2021
Spain taxes renewables, nuclear power plants to help consumers cope with high electricity prices
Spain has introduced a charge on the production of renewable energy power plants to mitigate the impact of soaring electricity and gas prices on consumers. A similar levy for nuclear and hydropower plants is in the pipeline.
read more... 29/09/2021
TotalEnergies to buy back shares and boost renewables investment
TotalEnergies plans to buy back $1.5 billion of its shares in the fourth quarter and boost its investment in renewable energy with the help of high oil prices, the French energy major said on Tuesday.
read more... 29/09/2021
Daily (29.09.2021): Carbon prices wiped out previous gains on Tuesday to post the biggest loss in five weeks amid profit-taking
Crude oil prices took a breather on Tuesday after five straight positive sessions, but remain strong amid rebounding demand as supply remains tight. Hence, Brent crude lost 44 cents, or 0.6%, to $79.09 a barrel, after reaching its highest level since October 2018 at $80.75. U.S. WTI crude slipped by 16 cents, or 0.2%, to close at $75.29 a barrel, after hitting a session high of $76.67, highest since July.
read more... 29/09/2021
Daily (28.09.2021): German and French Cal’22 power contracts spiraled by 6% on Monday amid bullish gas and coal prices
Oil prices continued to climb on Monday, with Brent approaching $80 a barrel as the market remains focused on the increase in demand amid the coronavirus recovery and the tight supply from the US following the recent hurricane which limited production in the Mexican Gulf. Hence, Brent crude soared by $1.44, or 1.8%, to settle at $79.53 a barrel, having posted three straight weeks of gains. U.S. WTI crude rose by $1.47, or 2%, to settle at $75.45 a barrel, its highest level since July, after rising for a fifth straight week.
read more... 28/09/2021