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Daily (14.11.2023): European spot electricity prices plummeted by 32% on Monday amid soaring wind output
Oil prices climbed on Monday, propelled by the publication of OPEC+'s monthly report aimed at mitigating "exaggerated negative sentiments" regarding the global oil demand outlook. As a result, both contracts rose by about 1.4%. Brent crude settled at $82.52 per barrel, while WTI crude ended at $78.26 per barrel.
read more... 14/11/2023
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EDF and France reach deal on electricity prices
State-controlled power group EDF and the French government have reached a tentative deal on future nuclear power prices, a source close to the government said on Monday, ending months of tense negotiations.
read more... 14/11/2023
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Construction starts on electricity link between France, Ireland
Construction on a high-voltage subsea cable able to carry enough power for 450,000 homes, with the aim of boosting energy security and helping to reduce bills, began on Monday between France and Ireland.
read more... 14/11/2023
Germany boosts the independence of its electricity grid regulator
The 2021 ruling from the EU’s top court said the country’s energy network regulator was not sufficiently independent from the government.
read more... 13/11/2023
Crown explores additional offshore wind capacity
The Crown Estate has initiated steps to potentially unlock an additional 4GW of green electricity from several offshore wind farm projects currently in development.
read more... 13/11/2023