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EU countries seek to break impasse on electricity market reform
EU countries are looking to break the impasse on plans to reform Europe’s electricity market following an almost four-month deadlock, with the aim to approve their negotiating position on 17 October.
read more... 06/10/2023
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France digs in on EU power market reform position
A group of countries led by France has proposed a compromise on the EU's electricity market design (EMD), pushing back on attempts by some countries to introduce stricter controls on future state aid for power plants, a document and sources said Tuesday.
read more... 04/10/2023
EU countries consider scrapping part of energy reforms
European Union countries are considering scrapping a central part of reforms to Europe's electricity market, amid a deadlock between France and Germany over state aid for power plants, a document seen by Reuters showed.
read more... 03/10/2023
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Spain's bulging solar queue spells risk of oversupply, price volatility
A looming grid connection deadline for solar projects in Spain is driving an unprecedented rush to build gigawatts of new capacity, but the solar ramp-up is already having significant cannibalization effects in the country's power market.
read more... 20/09/2023
Daily (13.09.2023): Brent crude price surpassed the $92 per barrel mark for the first time since November
Crude oil prices increased on Tuesday, hitting levels not seen since last November amid announcement that Saudi Arabia and Russia extended their voluntary production cuts, in a move to stabilize the markets. The closure of four oil export terminals in Libya due to a weekend storm provided additional support to oil prices. Hence, Brent crude rose by 1.6% to end at $92.06 a barrel. Meanwhile, U.S. WTI crude gained 1.8% to end at $88.84 a barrel.
read more... 13/09/2023