During the second week of August, Brent crude oil Front Month futures on the ICE market remained below $67 per barrel. On August 13, they hit the week’s lowest settlement price of $65.63/bbl, the lowest since June 6. Prices rose on August 14 to the week’s maximum settlement of $66.84/bbl, following a 1.8% increase from […]
During the second week of August, average electricity prices rose across most major European markets compared to the previous week. Italy’s IPEX market and the MIBEL market for Portugal and Spain recorded the smallest increases at 4.9%, 20%, and 22%, respectively. In contrast, the Nord Pool market in the Nordic countries saw the largest percentage
Europe sees mixed electricity demand trends amid heat wave and holidays Read More »
During the week of August 11, electricity demand rose in most major European markets compared to the previous week. The British market recorded the largest increase at 12% following three consecutive weeks of decline. Belgium continued its upward trend from the previous two weeks, rising 6.2%. Germany and France reversed declines from the last two
Solar and wind energy trends in Europe: August 11–18 forecasts Read More »
During the week of August 11, solar photovoltaic (PV) energy production rose for the third consecutive week in the French and German electricity markets compared to the previous week. The French market experienced the largest increase, up 13%, while Germany saw an 8.0% rise. In contrast, solar PV production declined in Southern European markets, reversing
Europe: Brent oil and TTF gas prices fall in early August while EU CO2 futures rise Read More »
In the first week of August, Brent oil Front Month futures on the ICE market reached a weekly high of $68.76 per barrel on Monday, August 4. Settlement prices then followed a downward trend through Thursday, August 7, when they hit the weekly low of $66.43 per barrel, the lowest since June 6. On Friday,
In the first week of August, average electricity prices fell in most major European markets compared to the previous week. The exceptions were Italy’s IPEX market and Spain and Portugal’s MIBEL market, which rose by 3.5%, 57%, and 59%, respectively. The largest percentage drop was recorded in the Nordic Nord Pool market, down 76%. Other
Europe: Electricity demand falls in early August but forecasts point to rebound Read More »
In the week of August 4, electricity demand fell in most major European markets compared to the previous week. The largest declines were in Great Britain, down 7.1%, and Italy, down 6.9%, while Germany registered the smallest drop at 0.5%. France and Portugal saw decreases of 1.5% and 2.2%, respectively. In France, Italy, and Great
Europe: Solar power hits August records while wind production declines Read More »
In the week of August 4, solar photovoltaic energy production increased across all major European electricity markets, continuing the growth trend from the previous week. The German market recorded the largest increase at 36%, followed by a 10% rise in the Italian market. The smallest increase was seen in the French market, at 0.1%, while
Energy markets update: Oil, gas and CO₂ prices show mixed trends in late July Read More »
In the final week of July, Brent crude oil futures for the Front Month on the ICE market showed volatility. On Monday, July 28, prices hit their weekly low at 69.32 US dollars per barrel, before rising steadily and peaking at 72.47 dollars per barrel on Wednesday, July 30, the highest level since June 21.
Europe: Electricity prices decline in late July, mixed outlook for early August Read More »
During the final week of July, average electricity prices declined across the major European power markets compared to the previous week. The smallest reductions were observed in the United Kingdom’s N2EX market and Italy’s IPEX market, with decreases of 4.9% and 5.0%, respectively. Meanwhile, the largest drop was recorded in the Nordic countries’ Nord Pool
