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Germany to require a 26.5% cut to energy consumption by 2030

Germany's ruling coalition plans to require the private and public sectors to cut energy consumption by 26.5% by 2030 compared to 2008, a draft law seen by Reuters showed on Monday.

read more... 04/04/2023

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Britain considers coal power back-up for next winter - National Grid

Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter, National Grid said on Wednesday but plant operators said they are unlikely to be able to meet the request.

read more... 16/03/2023

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Germany to cancel EUAs over early coal closures

Germany will cancel a “residual” sum of carbon allowances – that one analyst put below 14m tonnes – associated with power plant closures in 2021 under the country’s coal phase-out, the energy ministry has told Montel.

read more... 09/03/2023

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Britain uses coal-power back up for the first time with supply tight

Britain's National Grid called on reserve coal-power units for the first time to provide electricity during a period of expected tight supplies on Tuesday as a cold snap sweeps the country.

read more... 08/03/2023

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Daily (27.02.2023): Power prices increased on Friday amid rising gas and coal prices

Oil prices rose on Friday due to the prospect of lower Russian exports which counterbalanced rising US stocks. Consequently, Brent crude increased by 1.1% to $83.16 a barrel and WTI oil ended 1.2% higher at $76.32 a barrel.

read more... 27/02/2023

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