Latest news
Uniper targets green hydrogen production in UK
German energy firm Uniper and consortium partners have secured funding from the UK government to produce hydrogen at the port of Immingham by 2025.
read more... 17/09/2021
Daily (16.09.2021): A fire at a UK-France power link led to massive gains for most of the European energy markets on Wednesday
Oil prices were bullish on Wednesday, lifted by a significant drop in US crude reserves, coupled with upwardly revised forecasts for demand from the International Energy Agency. As such, Brent oil climbed by 2.5% to $75.46 a barrel and WTI crude rose by 3.1% to $72.61 a barrel.
read more... 16/09/2021
EU ETS, renewables not behind energy hikes
Faced with increasing energy prices, the EU should speed up rather than slow down the transition to renewable energy, said European Commission vice-president Frans Timmermans.
read more... 15/09/2021
Daily (10.09.2021): Gas markets extended record highs on Thursday, due to persisting supply concerns ahead of winter season
Oil prices fell on Thursday, following the announcement that China started using its internal strategic crude reserves in order to counteract the rising energy prices. Despite a drop in US crude and gasoline stocks, Brent oil lost 1.6% to end at $71.45 a barrel. WTI crude closed 1.7% lower at $68.14 a barrel.
read more... 10/09/2021
Wind, low demand limit UK power sector CO2
Increased wind output and the lowest demand in over a year have reduced the call on fossil-fuel assets in the UK this month, putting the carbon intensity of the country's power sector on track for a significant decline despite record low nuclear generation.
read more... 25/08/2021