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Utilities expect UK to maintain household power bill support
British energy companies expect the government to change course and maintain its support for households for high gas and electricity bills at or near existing levels after the current package expires in April, reported the BBC on Friday.
read more... 03/03/2023
Daily (03.03.2023): Forward electricity prices were bearish on Thursday tracking lower gas and carbon prices
Oil prices had a bullish evolution on Thursday amid optimism about Chinese demand and reduced concerns about a potential economic downturn in the United States. Consequently, Brent crude increased by 0.5% to $84.75 a barrel and WTI oil closed 0.6% higher at $78.16 a barrel.
read more... 03/03/2023
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EU plans to extend gas consumption reduction targets
The EU is planning to extend its gas consumption reduction measures into next winter, the bloc’s energy ministers said on Tuesday (28 February), to replenish stocks.
read more... 02/03/2023
Renewable deployment helped limit rise in carbon emissions
Carbon emissions in 2022 rose less than was originally feared, the International Energy Agency (IEA) has said.
read more... 02/03/2023
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French power supply seen rebounding, but still below average
French power supply is set to rebound from low nuclear output in 2022, returning the country to the role of a net exporter, though a long maintenance schedule and current low hydropower availability are concerns heading into warmer months.
read more... 02/03/2023