Latest news
Daily (27.01.2021): Milder-than-normal weather forecasts dragged down European spot power prices on Tuesday
Crude oil futures ended on a mixed note on Tuesday amid persisting worries over coronavirus infection rates and indecision about the highly-anticipated $1.9 trillion Fed pandemic relief package. Hence, Brent crude steadied at $55.91 a barrel, while U.S. WTI crude lost 0.3% at $52.61 a barrel.
read more... 27/01/2021
Novatek sees LNG supply shortfall by 2030
A lack of new financial investment decisions (FIDs) and growing worldwide demand could lead to an LNG supply shortfall by the end of this decade, Russian firm Novatek said.
read more... 27/01/2021
German gas plant capacity set to exceed coal and lignite in 2023
Germany's gas-fired generation capacity is set to exceed that of coal and of lignite within two years as total dispatchable capacity drops below 60 GW, regulator BNetzA's latest power plant list shows.
read more... 27/01/2021
Spain awards clean power capacity below market price in oversubscribed auction
In the country's first clean energy auction since 2017, home-grown power group Naturgy was picked to supply 235 megawatts (MW), a company spokeswoman said
read more... 27/01/2021
Daily (26.01.2021): British gas prices tumbled on Monday amid milder weather, weaker energy complex in Europe
Crude oil prices increased on Monday to hit their highest level in a week, with investors weighing the impact of supply curbs from Iraq and Libya on the near-term outlook against coronavirus lockdowns. Iraq is pledging to curb output in January and February after pumping more than its OPEC+ quota last year, while Libyan guards halted some crude exports after a pay dispute. Hence, Brent crude rose by 47 cents, or 0.9%, to settle at $55.88 a barrel. Meanwhile, U.S. WTI crude added 50 cents, or 1%, to end at $52.77 per barrel.
read more... 26/01/2021