Latest news

Daily (18.08.2021): Oil prices declined for the fourth day in a row on Tuesday, pressured by concerns over demand for black gold

Crude oil prices decreased slightly on Tuesday, on persisting concerns over Chinese demand amid weak economic data. Thus, Brent oil edged 0.7% down at $69.03 a barrel and WTI crude lost 1% to $66.59 a barrel.

read more... 18/08/2021

news

New nuclear reactor will make Slovakia a power exporter

Slovakia's new Mochovce 3 reactor is slated to start up and generate electricity this year with unit 4 following in 2023, according to an energy security report released by the Ministry of Economy. Once it starts up, Mochovce 3 will immediately tip Slovakia's energy balance back to an export footing.

read more... 18/08/2021

news

EU solar power generation hits record high

Solar power supply in the European Union during June and July rose to a record high in 2021, accounting for 10% of total electricity produced in the region, a report by independent climate think-tank Ember said on Wednesday (18 August).

read more... 18/08/2021

news

Denmark consults on green hydrogen price, seeing Eur2/kg by 2030

Denmark has opened a consultation with industry on future green hydrogen prices with a scenario seeing costs around Eur2/kg ($2.36/kg) by 2030, Energinet.dk said Aug. 17.

read more... 18/08/2021

news

Daily (17.08.2021): EUAs strongly rebounded on Monday amid a bullish energy complex

Crude oil prices eased on Monday after data showed Chinese factory output and retail sales growth slowed sharply in July due to new restrictions. However, sources said that OPEC and its allies believe the markets do not need more oil than they plan to release in the coming months, limiting losses. As such, Brent crude fell by 1.7% to settle at $67.29 a barrel. At the same time, the American WTI lost 1.6% at $69.51 a barrel.

read more... 17/08/2021

news