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EDF warns of up to 3.8 GW cuts on cooling issues
French utility EDF warned on Wednesday of potential output cuts of up to 3.8 GW at its nuclear power plants Tricastin, St Alban and Golfech due to high temperatures in the Rhone and Garonne rivers.
read more... 04/08/2022
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France will have filled up its strategic gas reserves by start of November
France will have filled out 100 percent of its strategic gas reserves by November 1, government energy transition minister Agnes Pannier-Runacher told C News TV, as European countries prepare for fewer energy supplies coming through from Russia.
read more... 04/08/2022
Daily (03.08.2022): Oil prices rose on Tuesday ahead of OPEC meeting
On Tuesday oil forward prices saw a slight increase ahead of this week OPEC+ meeting, which may not result in a further increase in crude production due to concerns that a potential global recession may restrict energy demand. As such, Brent crude oil price settled 0.5% higher at $100.54, WTI crude rose by 0.6% to $94.42 per barrel.
read more... 03/08/2022
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Germany details plan to wean off Russian gas by 2024
Germany has detailed plans to be mostly independent of Russian gas by 2024 by replacing 50-60% of the gas deliveries with LNG next year.
read more... 03/08/2022
EU approves €3 billion German green heating scheme
The European Commission said on Tuesday (2 August) it had approved the German government’s €3 billion scheme to support renewable energy and waste heat-based district heating programs, which it said would help Germany and the EU achieve their climate change targets.
read more... 03/08/2022