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Green power avoided 70bcm of gas for EU since war
Renewable energy production avoided the need for 70bcm of natural gas imports to the EU – or around EUR 99bn in costs – following Russia’s full-scale invasion of Ukraine, a study showed on Tuesday.
read more... 19/10/2022
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France begins direct gas shipments to Germany
France has started sending natural gas to Germany as part of its pledge to ensure EU energy solidarity as Russia reduces exports after its invasion of Ukraine, the French network operator said Thursday.
read more... 17/10/2022
Gas cap could slash German power price massive 72%
The introduction of a European gas price cap could slash the German wholesale power price by up to a whopping EUR 309, or 72%, from its current level next winter, an analyst said on Thursday. However, it would still not be enough to see prices revert to levels they were before Russia’s war in Ukraine, Ryan Alexander, research lead at Aurora Energy Research, told Montel’s Austrian Energy Day.
read more... 14/10/2022
Russian flows via Ukraine may stop within weeks – analyst
Gas flows from Russia to Europe via Ukraine could stop as soon as the end of October, said Energy Aspects gas analyst Leon Izbicki on Thursday.
read more... 14/10/2022
Daiy (12.10.2022): Oil prices declined amid worsening global economic outlook
Oil prices had a bearish evolution on Tuesday, as a result of a worsening prognosis for global economic outlook due to the conflict in Ukraine. Consequently, Brent crude tumbled by 1.9% to $94.29 a barrel, and WTI oil dipped by 1.9% to $89.35 a barrel.
read more... 12/10/2022