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Germany to almost double gas firing capacity
The German grid regulator and Green-led ministry of economy and climate action aim to construct up to 21 GW worth of additional gas power plants to guarantee a stable and reliable grid, according to internal documents.
read more... 06/01/2023
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Poland’s power liquidity falls to all-time low
Total power liquidity in Poland's commodity exchange TGE fell to an all-time low in 2022, although volumes recovered slightly in December compared to the previous month owing to lower power prices.
read more... 06/01/2023
Daily (05.01.2023): Concerns over global economic recession weighed on oil prices on Wednesday
Oil prices decreased on Wednesday to near 1-week low, amid concerns over global economic slowdown. Consequently, Brent crude fell by 5.2% to $77.84 a barrel and WTI oil dipped by 5.3% to $72.84 a barrel.
read more... 05/01/2023
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Bulgaria, Greece launch oil pipeline, gas storage projects
Two documents on boosting energy cooperation between Bulgaria and Greece, involving a commitment to build a new pipeline at neck-breaking speed and gas storage deal, were approved by the Bulgarian interim government on Wednesday.
read more... 05/01/2023
Germany raises record EUR 13bn through carbon pricing
Germany raised a record EUR 13.2bn last year through emissions sales on both Europe’s carbon market and the country’s domestic scheme for heating and transport, the Federal Environment Agency (UBA) said on Tuesday.
read more... 05/01/2023