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French nuclear output to hit winter low in supply risk
French available nuclear capacity will dive 6-8 GW year on year this winter to a record low, meaning supply was “definitely at risk” should there be a particularly cold spell, said Montel’s Energy Quantified (EQ).
read more... 25/08/2022
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Italy's Draghi calls for EU price cap on Russian gas
European Union countries should agree a cap on the price of gas imported from Russia to help ease the burden of rising prices on businesses and households, Italian Prime Minister Mario Draghi said on Wednesday.
read more... 25/08/2022
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Daily (24.08.2022): Oil prices rose on Tuesday following Saudi Arabia suggestion to cut OPEC output
Tuesday saw an increase in oil prices following Saudi Arabia's suggestion that output from OPEC+ be cut to sustain prices if Iranian petroleum returns. The likelihood of a reduction in U.S. stocks supported the price of Brent crude oil, which ended 3.9% higher at $100.22. WTI crude increased by 3.7% to $93.74.
read more... 24/08/2022
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Germany split over EU’s suggested electricity market reform
The EU’s Agency for the Cooperation of Energy Regulators (ACER) has recommended splitting up Germany’s single electricity bidding zone in a move that prompted concern in the country’s south, where prices are kept artificially low.
read more... 24/08/2022
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Norway eyes high gas output until 2030
Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports over Moscow's invasion of Ukraine, its energy minister said on Tuesday.
read more... 24/08/2022