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EU gas storage goal likely in winter “tightrope walk”
Europe could achieve its gas storage goal of 80% of capacity before November but faces a “tightrope walk” this winter amid curbed flows from Russia, said a research fellow at the Oxford Institute of Energy Studies.
read more... 11/08/2022
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EU ban on Russian coal imports to take effect after transition ends
European Union (EU) member states will not be allowed to import any more coal from Russia after the transitional period for the bloc's embargo ends at midnight on Wednesday.
read more... 11/08/2022
Daily (10.08.2022): EUAs expiring in December 2022 surged to a four-week high on Tuesday
The news that some oil supplies on the Russia-to-Europe Druzhba pipeline that crosses through Ukraine had been stopped combined with worries that a slowing economy could cut demand, resulted in a modest decline in oil prices on Tuesday. As such, Brent crude oil price settled 0.4% lower at $96.31, while WTI crude ended 0.3% down to settle at $90.50 a barrel.
read more... 10/08/2022
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French government to boost renewables generation
The French Government has announced several emergency measures to boost renewable electricity generation ahead of the winter.
read more... 10/08/2022
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Britain plans for organised blackouts in January
Britain is making plans for organised blackouts for industry and households over winter when cold weather may coincide with gas shortages, Bloomberg News reported on Tuesday.
read more... 10/08/2022