French electricity prices drop as wind power increases
On Monday morning, the French spot day-ahead power price fell on expectations of increased wind power production. In Germany, however, prices are rising due to less wind output.
Turkey claims that Russia provided $9 billion to it for the Akkuyu Nuclear Plant
The Turkish energy minister announced that Russia has provided $9 billion in new financing for the Akkuyu nuclear power plant, which is being built by Rosatom, the state-owned nuclear energy company of Moscow.
Japan will increase public funding for nuclear power renewal
Japan has announced plans to increase public funding for its crippled nucleopower sector. This is essential, say experts, to kick-start an industry that was previously financed by utilities owned by shareholders.
Poland allocates 3.4GW of offshore wind power in its first auction
?Poland's energy regulator URE announced on Thursday that 3.4 gigawatts of capacity were allocated in the first?competitive auction for offshore wind power. URE reported that…
US permits oil sales from Russia’s Sakhalin-2 Project through June 18,
The U.S. extended a waiver on Wednesday that allows oil sales from Russia's Sakhalin-2 Project through June 18, next year. This is a move that will likely allow production of liquefied gas to continue.
Poland's offshore auction is seen as a key test for Europe following failed tenders
Poland will launch its first competitive offshore auction on Wednesday. Experts say that this test could help revive Europe's struggling wind sector, as developers compete for…
What changes have been made to the proposed Indian civil nuclear law?
India has proposed legislation that would end the state's monopoly on nuclear power after six decades. This law would allow private companies, and even individuals?to build and run reactors.
French spot increases on weakened wind supply
The French spot electricity price on Tuesday increased as the wind generation output was expected to decline while demand was expected to increase due cooler temperatures. The…
Prices to rise on Monday due to wind power
European electricity prices will likely fall dramatically on Monday as wind power production is expected to increase in Germany and other parts of the region. LSEG data revealed…
Spot prices rise on lower wind output
The European power prices for the day ahead of Friday increased on Thursday, as it is expected that a decline in wind power supply will have a "bullish" effect. LSEG analyst…
Sources: Russian Syzran oil refinery was halted on December 5, by a drone attack
Two industry sources reported on Tuesday that the Russian Syzran refinery, located on the Volga River, stopped?oil production on December 5, after it was?damaged by an Ukrainian drone attack.
The decision on the French energy planning bill is expected to be made by Christmas
The French energy ministry announced on Tuesday that the country will take a final decision on the "delayed multiannual planning law" (PPE). The 'PPE' is a 10-year plan that…
French spot up on lower renewables and Germany's down
On Tuesday, European power prices varied. The French prices rose despite lower wind and solar production. Germany's prices fell but still retained a premium compared to those of the neighbouring country.
The US government is under pressure from the Fusion Energy Industry to provide billions of dollars in support
On Monday, fusion energy industry leaders met U.S. Department of Energy representatives to encourage them to provide billions of dollars to projects that seek to?generate electrical…
French spot price drops on more wind supplies
The French spot price for power for Tuesday dropped as it was expected that wind generation would increase. However, the German bid-ask price range was higher on Monday due to a dramatic drop in wind production.
Reduced wind output increases power prices
The European day-ahead electricity prices rose on Thursday, compared to the previous session. This is because wind generation in the region is expected decrease. Riccardo Paraviero…
Turkey extends Russia Gas Contracts by an additional year with a view to US Investment
Turkey has finalised an extension of one year to its two gas import contracts that expire with Russia, totalling 22 bcm. It is also considering investing in U.S. production…
Prices spike on demand and supply decreases
The European power price rose sharply on Tuesday, thanks to a combination of lower forecasts for wind and solar energy generation and higher consumption as temperatures in the region declined.
Spot prices increase on lower wind output
The European spot electricity prices rose on Tuesday as the wind generation output is expected to decline in France and Germany. LSEG data shows that the German baseload day…
EDF Considers Selling US Renewable Unit to Focus on French Nuclear
French state-owned utility EDF is considering selling all of its U.S. renewable energy business, its CEO said on Wednesday, as the company focuses on building up its domestic nuclear operations and U.S.