January saw a further reduction in markets across the curve, as mild temperatures and the continuation of strong supply factors put further downward pressure on prices. However, as the potential for the war in the Middle East persists, following the Houthi Rebels militant group continuing attacks on cargoes in...
The International Energy Agency (IEA) has reported that global renewable energy capacity grew in 2023 faster than it has in the preceding two decades. This could put the the world within reach of meeting a key climate target by the end of the decade. Renewable energy grew by 50%...
Strong supply fundamentals underpinned bearish market sentiment across December. EU Gas storage levels sat at just under 90% by the end of the year, boosted by mild temperatures experienced across the period. Based on the current storage levels and the continuation of further warmer temperatures, storage could potentially exceed...
ScottishPower has announced £5.4bn of investment in its electricity network delivering major changes to its green energy infrastructure and green jobs that will ‘bolster the grid for decades to come’. With electricity demand forecast to double in the next decade, the UK needs more than 600,000km of new or...
EDF has announced plans to maintain output of 37.3TWh until at least 2026. According to a statement, plans to invest a further £1.3billion in the UK’s five generating nuclear power stations over the 2024-26 period will help sustain output at current levels, boost energy security and cut carbon emissions....
Processing...
Thank you!Your subscription has been confirmed.You'll hear from us soon.
