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Daily (05.01.2017): German spot electricity contract surges 85% on cold snap, decrease in wind supply
Crude oil prices rebounded about 2 percent on Wednesday on expectations that U.S. crude stockpiles will decline and on signs that the world's top oil exporters will cut the output as agreed, move that took effect this week. Global benchmark Brent crude futures boosted 99 cents, or 1.8 percent, to close at $56.46 a barrel. U.S. West Texas Intermediate crude futures rose by 93 cents to settle at $53.26 a barrel, also a 1.8 percent gain.
read more... 05/01/2017
Daily (27.12.16): European day-ahead power prices gain ground on cool weather forecast, firm demand
European spot electricity prices for day-ahead delivery traded higher on Monday, spurred by a forecast for colder weather and higher consumption after the Christmas holiday.
read more... 27/12/2016
India expects to generate about 60% of electricity from renewable sources by 2027
India envisages generating nearly 60% of electricity from the renewable energy by 2027, overpassing the renewable energy targets set in Paris last year by nearly half and three years ahead of the schedule.
read more... 26/12/2016
Turkish electricity prices surge to the highest level in years
Turkey’s electricity prices surged to their highest level in years, as natural gas consumption was spurred by higher household demand due to cold weather.
read more... 23/12/2016
EC approves auction scheme for electricity from renewable sources in Germany
The European Commission (EC) has approved Germany's new renewable energy act, EEG 2017.
read more... 22/12/2016