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Daily (02.04.2024) : Strong renewable generation weighed on European electricity spot prices on Monday
Oil prices diverged on Monday, amid geopolitical unrest in the Middle East and an upturn in manufacturing activity in China. Brent crude remained stable to slightly bearish reaching a price of $87.42. At the same time, WTI Crude increased by roughly 1 % to $83.71.
read more... 02/04/2024
EDF vows to connect French EPR in “summer 2024”
EDF plans to connect new-generation nuclear power reactor in Flamanville to the national grid in the summer of 2024, suggesting a further slight delay in the start-up schedule, the French utility said late on Wednesday.
read more... 28/03/2024
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Europe's clean power sources on a record roll in early 2024
A record 60% of Europe's electricity was powered by clean energy sources in the opening two months of 2024, driven by strong year-on-year growth in hydro, solar and wind generation and a rebound in nuclear power production.
read more... 27/03/2024
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Poland needs coal plant subsidies beyond 2028
Poland will need an extension of EU rules that allow coal plant subsidies until 2028 as it will require coal power generation until it builds its first nuclear plant next decade, the top energy security official in the new government told Reuters.
read more... 20/03/2024
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UK launches 4.5GW Celtic Sea floating wind lease auction
The UK’s Crown Estate has formally launched the Celtic Sea floating offshore wind leasing round to award leases for 4.5GW of generation capacity.
read more... 04/03/2024