Latest news
NeuConnect construction begins in Germany
Construction has started on the German portion of an interconnector linked to the UK with the milestone marked by a ground-breaking ceremony in Wilhelmshaven.
read more... 22/05/2024
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UK government aims to build next large nuclear plant in Wales
The UK government aims to build a large nuclear power plant in northern Wales as it seeks to boost the stable, low-carbon electricity source alongside wind farms to reach its climate goals.
read more... 22/05/2024
Daily (20.05.2024): Oil prices increased by 1% on Friday, driven by encouraging indicators of growing demand from both China and the US
Oil prices increased on Friday due to indications of rising demand in major consumers, the US and China. China's industrial production surged by 6.7% year-on-year in April, potentially increasing demand. Additionally, severe forest fires in western Canada endangered the oil-producing town of Fort McMurray, which outputs over 2 million barrels daily. As a result, Brent crude rose by 1%, closing just below $84 a barrel, while WTI crude also climbed 1%, hovering around $80 per barrel.
read more... 20/05/2024
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Ireland, UK and Belgium team up for massive energy corridor
Ireland, Belgium and the UK have agreed to strengthen their cooperation on renewable energy and interconnection projects.
read more... 20/05/2024
UK energy prices expected to decline, calls for long term solutions
Cornwall Insight has released its final forecast for the July-September 2024 energy price cap, predicting a 7% decrease from the current cap.
read more... 20/05/2024