Latest news
Total hopes to obtain 2 million gas and power customers in France
French oil and gas company Total will begin to retail gas and electricity in France by the end of this year and hopes to win about two million customers, as stated on Wednesday by chief executive Patrick Pouyanne.
read more... 31/08/2017
Brexit could increase electricity bills by departing from energy efficiency
The withdrawal of energy efficiency standards for household appliances and lightbulbs, which are currently considered to be the most efficient according to EU standards, could cause a £90-raise in the electricity bill per year.
read more... 28/08/2017
Daily (25.08.2017): Expected decline in wind and nuclear production lifts electricity prices
Oil prices dropped on Thursday as Hurricane Harvey, expected to come ashore as the strongest storm to hit the U.S. mainland in 12 years, threatened oil operations along the energy hub on the U.S. Gulf Coast. Brent crude settled down 53 cents a barrel, or 1 percent, at $52.04. Meanwhile, WTI crude price fell 2% to $47.43 a barrel.
read more... 25/08/2017
Daily (22.08.2017): German spot electricity price jumped by 27% on Monday on lower wind power supply
Oil prices dropped on Monday by over 2 percent ahead of the expiration of the monthly contract, slipping from last week's rally built on signs that the global market is beginning to rebalance from ongoing oversupply.
read more... 22/08/2017
Daily (10.08.2017): European spot electricity prices rose sharply on Wednesday
Oil prices increased above $52 a barrel on Wednesday as U.S. crude inventories last week fell more than expected. This drop raised hopes that an OPEC-led effort to wipe out a 3-year, price-sapping supply glut is working. Brent surged by 1.07% to close at $52.70 a barrel, while WTI price rose by almost 0.8% to end at $49.56 a barrel.
read more... 10/08/2017