The Dutch front-month contract of EUROPE GAS has reached a one-month low
Dutch and British wholesale contracts for gas fell on Monday morning. The Dutch benchmark price had reached a low of one month earlier in the day, due to milder weather forecasts and stable supplies. By 0932 GMT, the benchmark Dutch front-month contract was trading at 31.13 euro per megawatt hour.
Maguire: Maguire, China's renewables boom has boosted it to a rare clean-capacity club.
In 2025, the world's largest polluter will have crossed a crucial energy transition threshold by installing more clean power than fossil fuel production capacity for the first. Global Energy Monitor data shows that China will have 1,494 gigawatts (GW) of clean energy generation capacity operating in 2025.
Carbon weighs down on prices for the front year but spot prices are up because of less wind
German and French spot electricity prices rose Thursday morning, amid predictions of a?lower wind power generation. Meanwhile, a steep?drop in the European Carbon Market weighed on long-term prices. The French 'day-ahead' baseload power contract rose by 39.70 euros, to?54.25 euros per megawatt (MWh), at 1007 GMT.
Prices are down due to milder weather
On Wednesday morning, the benchmark European baseload electricity prices were mostly lower amid milder weather conditions. LSEG data show that the German baseload price for the year ahead was down 1.6 euros to 81.70 euros/MWh. The French equivalent fell by 0.88 euros to 48.32 euro/MWh at 0939 GMT.
New Zealand to build LNG import facility for energy security
Simon Watts, New Zealand's Energy Minister, announced on Monday that the country has selected contractors to build a LNG import facility. This will boost energy security and provide a reliable backup source of power, as well as support economic growth. By the middle of the year…
New Zealand to build LNG import facility for energy security
Simon Watts, New Zealand's Energy Minister, announced on Monday that the country has selected contractors to build an LNG import facility. The facility will bolster energy security and provide a reliable source of backup power, while also supporting economic growth. By the middle of the year…
Tesla executives announce that the company is expanding its solar strategy to include more employees.
According to senior executives, Tesla is currently hiring to help support Elon Musk’s plan to become the largest U.S. manufacturer for solar energy components. The posts indicate that 'the company is implementing Musk's vision to set up 100 gigawatts domestic solar production. Musk announced this goal?last?month.
Tesla executives are hiring to support Musk’s solar expansion strategy
According to senior executives, Tesla is currently hiring to support Elon Musk’s recent announcement to become the largest U.S. producer of solar energy components. The posts indicate that 'the company is implementing Musk's vision to set up 100 gigawatts domestic solar production. Musk announced this goal?last? month.
German Forward Contract Dips with Lower Carbon Permits
German power contracts for the year ahead fell on Friday as a result of further falls in carbon prices and lower gas prices. German baseload?year-ahead lost 0.4% at 82.20 Euro ($96.96 per megawatt hour) by?1000 GMT. This was due to falling carbon permits and lower gas costs.
German forward contracts increase on more expensive gas and carbon
German power contracts for the year ahead traded higher on Friday. They followed gains in carbon permits and gas contracts, which were attributed to lower temperatures predicted for a week-ahead. German baseload for the year ahead rose 0.7%, to 87.24 Euro ($102.40), per megawatt-hour at 0905 GMT.
China's fossil fuelled power drops for the first time in 10 years as a result of renewables
China's coal-based thermal energy generation in 2025 fell for the first time in 10 years, according to government data released on Monday. Growing renewable generation?met growth of electricity demand, even though?overall consumption?hit a new record. This data is a good…
German contracts benefit from rising gas and carbon prices
German power contracts for the year ahead traded higher on Friday. They followed gains in carbon permits and gas contracts, as temperatures are forecast to be below average for the rest of January. By 0855 GMT, the German baseload year-ahead rose by 0.9% to 87.9 euros ($101.12 per megawatt-hour).
French spot drops as expected wind and nuclear output increases
French spot electricity rates for Thursday dropped as the wind energy supply in France is expected to increase amid lower demand forecasts. One nuclear reactor will also be expected to re-start. By 0927 GMT, the French baseload for the day ahead fell by 15.6% and was 91?euros (106.02 dollars) per megawatt-hour (MWh).
Power prices rise due to higher carbon costs and fuel costs
The European power price curve rose on Tuesday as a result of higher carbon contract prices and firmer gas prices. Analysts at Engie EnergyScan stated that the effects of the price increase were most noticeable in the German front-month baseload contract. The contract…
German prompt prices will rise on Monday due to a weaker renewable supply
On Monday, German power prices will rise due to a decrease in renewable electricity production in the country. This is expected to offset a slight increase in demand. LSEG data revealed that the trading of German and 'French baseload day-ahead contracts for Monday hadn't started by 0901 GMT.
Wind power surge cuts spot prices but frost-related demands lend support
The European prompt power price fell on Tuesday, ahead of a near-tripling of German wind power expected on Wednesday and a more-than-doubling of French wind energy volumes. However, the prices remained relatively high as icy weather?supported?demand. The LSEG analyst Naser…
Prices on Monday will rise due to higher demand and reduced wind energy generation
The European day-ahead electricity prices will likely rise on Monday due to a?increased consumption and a sharp decline in?wind energy generation. LSEG data shows that the German and French 'Monday' baseload power contracts had not been traded by 8:27 GMT on Friday. LSEG…
Japan tightens regulations on mega-solar project to protect landscape and nature
Officials from the Japanese government have announced that they will tighten regulations, and stop financial support for large-scale projects of solar energy to protect the?environment and preserve landscapes. This is part of the package of countermeasures against mega…
ComBio Brazil expects revenues to reach $430 million as corn ethanol customers increase production
Commercial director Ricardo Blandy, Brazil's biggest supplier of renewable thermal power for industrial clients, said that ComBio expects its revenue to triple to?about $430 million in five years due to the growing demand from corn ethanol producers. Blandy stated that there are?25 corn-ethanol plants in Brazil.
In November, China's fossil fuelled power generation fell 4.2% on an annual basis.
Statistics Bureau data released on Monday showed that China's fossil fuelled power generation dropped 4.2% in November compared to last year. This reversed a 7.3% increase in October, when the power?generation reached its highest level in decades. This means that China's…