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Biomass takes record share of UK grid in May
Biomass-fired power took a record share of the UK generation mix for the second consecutive month in May. Overall UK power demand continued to decline as the country remained in lockdown to limit the spread of Covid-19.
read more... 02/06/2020
UK’s power system emissions hit all-time low and wholesale power prices go negative
The two records were set over the weekend as renewable energy generation soared, coinciding with continued low demand due to the ongoing coronavirus lockdown.
read more... 27/05/2020
Daily (21.05.2020) European carbon prices rallied above €21 on Wednesday
Oil prices extended the bullish run on Wednesday due to a fall in U.S. crude inventories and recovering demand following the ease of lockdown measures. Brent crude settled $1.10, or 3.2%, higher at $35.75 a barrel. West Texas Intermediate futures ended $1.53, or 4.8%, higher at $33.49.
read more... 21/05/2020
Daily (19.05.2020): EUAs surpass the €20-mark for the first time this month amid wider markets gains
Crude oil futures rallied to their highest settlement in more than two months on Monday, driven by historic production cuts, the prospect of demand recovery following countries’ lockdown and revival of their economies, and promising early results from coronavirus vaccine trial.
read more... 19/05/2020
German power demand recovering in industrial centres – EQ
German power demand in industrial centres has returned to near normal levels this week after the easing of lockdown measures, Montel's Energy Quantified (EQ) on Tuesday.
read more... 06/05/2020