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EC open to extending Iberian price cap – official
The European Commission is open to approving Spain and Portugal’s request to extend the current price cap curbing Iberian power prices, a Spanish official said on Friday.
read more... 20/02/2023
China is taking control of LNG amid boom in global demand
A rush by China to sign new long-term liquefied natural gas deals promises to give the nation even more control over the global market at a time when competition for cargoes is booming.
read more... 20/02/2023
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EDF snaps up one of world’s largest floating wind projects
EDF Renewables, a subsidiary of the French global energy player EDF, has announced the acquisition of an up to 10GW floating offshore project in Australia.
read more... 20/02/2023
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Daily (17.02.2023): European carbon prices hit a six-month high on Thursday as traders shrugged off the impact of REPowerEU auction vote.
Oil prices fell on Thursday amid fears of further interest rate hikes by the Federal Reserve following the release of Producer Price Index (PPI) report showing an increase of 0.5% in inflation on a monthly basis in January. Thus, Brent crude oil slipped by 0.3% to $85.14 a barrel.
read more... 17/02/2023
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Finland approves operation of Loviisa nuclear plant to 2050
The Finnish government has approved utility Fortum’s application to extend the lifetime of its two reactors (1 GW) at the Loviisa nuclear plant to 2050, from 2027 and 2030, respectively, it said on Thursday.
read more... 17/02/2023