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Italy's Enel pushes back solar panel output goal
Enel plans to increase the production of solar panels at its factory in Sicily to 3 gigawatt (GW) capacity by the end of 2025, later than previously expected, documents published by the Italian utility showed.
read more... 27/05/2024
National Grid unveils £60bn investment strategy
British multinational electricity and gas utility company National Grid has unveiled a £60bn ($76.3bn) investment plan set to transform its networks up to 2028.
read more... 27/05/2024
Daily (24.05.2024): Oil prices plunged to a 3-month low on Thursday amid weak demand and high Fed rates
Oil prices declined for the fourth consecutive session on Thursday, hitting a 3-month low, weighed down by indications of robust US economic activity, which suggest the continuation of high interest rate policies. Hence, Brent crude dropped by 0.7% to settle at $81.36 per barrel, while WTI crude decreased by 1% to close at $76.87.
read more... 24/05/2024
Daily (23.05.2024): The German Cal25 power price topped 100 EUR/MWh for the first time since the start of the year on Wednesday
Oil prices declined for the third consecutive day on Wednesday in a sluggish market, despite a rebound in U.S. gasoline demand. The EIA's weekly report showed gasoline demand rising to 9.3 million barrels per day for the week ending May 17, after six weeks below 9 million barrels per day. As a result, Brent crude dropped by approximately 1.2% to $81.90 per barrel, while WTI Crude decreased by 1.4% to settle at $77.57.
read more... 23/05/2024
Daily (22.05.2024): European carbon prices hit a four-month high on Tuesday amid strong demand and bullish gas prices
Oil prices extended losses on Tuesday, in a market that shrugged off geopolitical risk and focused on the absence of supply disruptions, OPEC's supply capacity and Fed vice-president speeches. As a result, Brent crude dropped by about 1% to close at $82.88 a barrel, while WTI crude lost 1.4% to settle at $79.80 per barrel.
read more... 22/05/2024