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Daily (12.11.2024): British gas prices surged on Monday, supported by platform disruptions caused by Hurricane Rafael
Oil prices dropped by around 3% on Monday, continuing to be pressured by disappointing economic stimulus measures from China. Brent crude closed at $71.83 per barrel, while WTI crude dropped to $68.04 per barrel.
read more... 12/11/2024
German energy policy remains on track
Germany will continue to push through key energy legislation in the coming weeks despite the recent collapse of the governing coalition, the deputy chancellor and economy minister said on Monday.
read more... 12/11/2024
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UK’s largest grid-connected battery goes live
Lakeside Energy Park’s battery storage facility, developed by TagEnergy and now connected to the National Grid at North Yorkshire’s Drax substation, is the largest of its kind in the UK.
read more... 12/11/2024
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ScottishPower signs £1bn offshore wind turbine deal with Siemens Gamesa
ScottishPower Renewables has announced a £1bn ($1.2bn) agreement with Siemens Gamesa to supply 15MW turbines for the East Anglia 2 (EA2) offshore wind farm in the UK.
read more... 12/11/2024
Daily (11.11.2024): Oil prices fell by over 2% on Friday amid disappointing Chinese stimulus
Oil prices declined on Friday, as the market reacted to disappointing economic support measures from China. Brent crude fell by 2.3%, closing at $73.87 per barrel, while WTI crude dropped by 2.7%, ending the day at $70.38 per barrel.
read more... 11/11/2024