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Daily (08.07.2020): German and French spot electricity prices at their highest levels since the end of January amid lower renewables output and nuclear availability
Crude oil futures were little changed on Tuesday as an apparent optimism that U.S. crude inventories will decline this week was overshadowed by the surge in coronavirus cases in parts of the world which continued to pressure prospects for energy demand. Hence, Brent crude for September delivery steadied at $43.08 a barrel, while the U.S. WTI crude stagnated at $40.62 a barrel.
read more... 08/07/2020
New nuclear will ensure France's energy security, SFEN says
A failure to renew France's fleet of nuclear power reactors will have consequences as soon as 2030 for not only the country's energy security but also its climate targets, according to the French nuclear energy society (SFEN). Nuclear power plants, with a combined capacity of 62 GWe, currently account for more than 70% of the country's electricity generation.
read more... 03/07/2020
Almost half UK’s electricity generation was from renewables in the first quarter
Quarterly renewables share has never previously exceeded 40% of total electricity generation, according to the BEIS report
read more... 29/06/2020
Total's Lampiris unveils PPA for Belgium’s 309-MW Rentel offshore wind farm
Belgium power and gas supplier Lampiris will be buying the electricity produced by the 309-MW Rentel offshore complex in the Belgian North Sea.
read more... 25/06/2020
Tesla granted electricity generation licence in the UK
The electric car manufacturer and technology firm hopes to develop virtual power plants in the UK and in other countries using its ‘Autobidder’ real-time trading and control platform
read more... 24/06/2020