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Bulgaria and Greece advance nuclear project talks

Bulgaria and Greece have progressed in their talks about constructing a nuclear power plant, but the liability issue in case of an accident remains unresolved, according to EURACTIV’s partners in Sofia and Athens.

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Denmark could add 8 GW renewables by 2027

Denmark’s power grid can already handle 4 GW of additional onshore wind and solar output, a figure that could double by 2027 due to ongoing grid infrastructure improvements, TSO Energinet said on Monday.

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Russian oil embargo could be part of next EU sanctions package

The European Union’s executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday (11 April), although there is still no agreement to ban Russian crude.

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Daily (12.04.2022): Brent crude fell below $100 a barrel on Monday amid Covid outbreak in China

Crude oil prices fell on Monday, with Brent slipping below $100 a barrel as the Covid outbreak reached record levels in China, raising concerns about oil demand. Hence, Brent crude dropped by $4.30, or 4.2%, to settle at $98.48 a barrel, its lowest close since March 16. WTI crude fell by $3.97, or 4.0%, to settle at $94.29 a barrel.

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Daily (11.04.2022): The German Cal23 power contract jumped to an all-time high on Friday on Russian coal ban

Crude oil prices gained ground on Friday as increased concerns about reduced Russian exports counterbalanced increased supply to the market from emergency reserves. Brent crude soared by $2.20, or 2.19%, to settle at $102.78 a barrel. U.S. WTI crude increased by $2.23 to $98.26 a barrel.

read more... 11/04/2022

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