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Daily: European power prices drop on higher solar and wind output forecast
Brent crude oil futures jumped on continued worries about eventual supply disruptions in the Middle East, reversing losses caused by concerns about the U.S. Federal Reserve's monetary easing policy. Brent crude oil futures for October delivery closed 25 cents higher at $110.15 per barrel, after trading as low as $108.61 earlier in the session.
read more... 21/08/2013
Daily: European spot power prices boost as consumers return from holiday
Brent crude oil closed above $110 a barrel on Monday as conflict in Egypt stocked fears over oil supply security across the Middle East and North Africa.
read more... 20/08/2013
Daily: Crude oil close higher for sixth consecutive session on Egypt turmoil
Crude oil futures on both sides of the Atlantic closed higher for the sixth consecutive session on Friday, with Brent registering the largest weekly percentage in six weeks following worries about oil supply security in Egypt and Libya.
read more... 19/08/2013
The nuclear energy problem of Japan
Since the Fukushima catastrophe in April 2011, nearly all of the country’s nuclear plants closed, leaving a significant capacity gap which has had to be filled with more coal, oil and gas which provoked substantial costs in both economic and environmental terms, as the price of power increased due to a sharp turn toward the use of fossil fuels.
read more... 16/08/2013
Daily: UK gas prices increase on field outages
Crude oil prices on both sides of the Atlantic increased on Thursday on increasing violence in Egypt which could hit the Suez Canal or spread across the Middle East. Front-month September Brent, which expired on Thursday, settled 91 cents higher at $111.11 a barrel, after earlier increasing over a dollar to $111.53, its highest level since April 2. The more actively traded October contract rose 78 cents to $109.60. Meanwhile, U.S. oil rose 48 cents to settle at $107.33.
read more... 16/08/2013