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Daily (08.02.2023): European spot electricity prices fell on Tuesday amid strong wind generation.
Oil prices rose for the second consecutive day on Tuesday, partly due to the closure of a Turkish export terminal following the earthquakes that struck Turkey and Syria on Monday. However, the main driver of the increase was expectations of a recovery in Chinese demand. As a result, Brent crude increased by 3% to $83.69 a barrel and WTI oil rose by 4% to $77.14 a barrel.
read more... 08/02/2023
Poland eyes boost for nuclear energy in EU power market reform
Poland has urged the European Union to use upcoming reforms to Europe's electricity market to do more to support investments in nuclear energy, according to a document seen by Reuters.
read more... 07/02/2023
UK energy support schemes' cost halved as mild winter tames prices
Britain is likely to spend 69 billion pounds ($82.95 billion) on schemes to protect households and business from soaring electricity costs, half of the original estimate, a UK spending watchdog said, as a mild winter softened energy costs.
read more... 07/02/2023
Nine EU countries want low-carbon hydrogen included in bloc’s renewables goals
Nine EU member states, including France, have called on the European Commission to include low-carbon hydrogen – produced from nuclear electricity – in the EU’s renewable hydrogen targets.
read more... 06/02/2023
Belgium largest energy supplier to EU neighbours in 2022
Belgium played a key role in supplying energy to its main neighbours in 2022, as it was France’s largest electricity supplier and Germany’s main transit country for natural gas.
read more... 03/02/2023