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Daily: European spot electricity up on increasing demand, curve stable
Brent crude rose by over $1 a barrel on Thursday on an unpredicted drop in U.S. crude inventories and a rally in global equity markets, but a stronger dollar reduced gains.
read more... 27/08/2015
Daily: German power price under 30 EUR/MWh for first time since 2003
Crude oil markets recovered more than a percent on Tuesday after a sharp decline in the previous session, even though prices maintained near 6-1/2-year lows since persistent weakness in Chinese equities generated worries of an economic fall in the region.
read more... 25/08/2015
Daily: Benchmark German electricity prices decrease to close to 12-year low
Oil prices restarted their downward trend on Friday pulled lower by weaker global stock markets and a sharp reduction in China's manufacturing activity, with the U.S. benchmark on the way to its elongated weekly losing strip since 1986.
read more... 21/08/2015
Dong and ScottishPower Renewables sell transmission assets in an UK offshore wind farm
DONG Energy and ScottishPower Renewables on Thursday vended transmission assets in an offshore UK wind farm estimated at 269 million pounds to a conglomerate of Macquarie Corporate Holdings and 3i Infrastructure, as mentioned in a statement.
read more... 21/08/2015
Daily: European spot electricity prices jump on lower wind output in Germany, higher electricity demand in France
Crude oil prices increased on Tuesday, with WTI crude soaring as much as 2 percent, spurred by optimistic economic figures and bets for weaker crude inventories in the United States, the largest oil consumer in the world. WTI crude rose by 75 cents to settle at $42.62 a barrel. Brent, the London-traded global benchmark for oil, boosted 7 cents to settle at $48.81, snapping a three-day loss. Brent declined initially on Tuesday morning after a stock market collapse in China, the No. 2 oil consumer.
read more... 19/08/2015