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Daily (13.03.2023): Forward electricity prices increased sharply on Friday amid escalated concerns over the nuclear availability in France
Oil prices rose on Friday on the back of a better-than-expected U.S. employment indicator that suggested less severe than expected monetary tightening. As a result, Brent crude ended 1.5% higher at $82.78 a barrel.
read more... 13/03/2023
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Daily (10.03.2023): Concerns over French nuclear generation contributed to the rise in forward electricity prices on Thursday
On Thursday, oil prices declined as traders continued to worry about the effects of excessive monetary tightening on the economy rather than the market fundamentals. As a result, Brent crude ended $1.07, or 1.3%, down at $81.99 a barrel.
read more... 10/03/2023
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EU draft shows plan for more fixed-price electricity contracts
The European Union wants to expand the use of contracts that pay power plants a fixed price for electricity, a draft proposal showed, to shield European consumers from big price swings.
read more... 08/03/2023
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Britain uses coal-power back up for the first time with supply tight
Britain's National Grid called on reserve coal-power units for the first time to provide electricity during a period of expected tight supplies on Tuesday as a cold snap sweeps the country.
read more... 08/03/2023
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Belgian nuclear regulator tells govt not to extend oldest reactors
Belgium's nuclear regulator has advised the government against a life extension of the country's three oldest reactors, despite the risk of a gap in electricity supply over the next two winters.
read more... 07/03/2023