gas Tag

Fossil fuel electricity generation in Europe dropped to its lowest level ever in second quarter, while solar and wind generation reached record highs, according to a new report   Fossil fuel electricity generation in Europe fell to its lowest recorded level in the second quarter of 2024. That’s according to a new...

Power demand fluctuated significantly during the Euro 2024 Spain vs England final, reflecting patterns seen during the Euro 2020 Italy vs England final   Power demand in Britain experienced significant fluctuations during the Euro 2024 final between Spain and England, according to the Electricity System Operator (ESO)....

The UK Government has announced a significant shift in energy policy by lifting longstanding restrictions on onshore wind farms in England. Earlier today, Chancellor Rachel Reeves revealed plans to overhaul the National Planning Policy Framework by the end of the month, effectively ending the unofficial ban...

According to the Statistical Review of World Energy, global energy consumption increased by 2% from 2022, surpassing pre-COVID levels by more than 5%.   In 2023, global energy production and consumption reached record highs, with total primary energy consumption rising by 2% from 2022 and surpassing pre-Covid...

If a net zero 2035 electricity system relies heavily on offshore wind power, consumers could reduce their gas price by £68 per year compared to a system without further CfD-backed offshore wind development, according to a new report   Transitioning to a net zero 2035 electricity system predominantly powered...

In today's energy market update, UK front-month gas experienced slight bearish movement, potentially as a retracement of yesterday's gains. Despite this, front-month NBP gas increased by 2.17%, reaching 82.96p. Meanwhile, front-month UK Power declined marginally by 0.41%, finishing at £73.40. The carbon markets saw mixed results,...

Recently, UK energy consumption and energy production have decreased, while renewable energy production has increased   Recent government data spanning January to March 2024 reveals significant shifts in the UK's energy sector compared to the same period a year earlier. Primary energy consumption on a fuel input...

Energy Market Update The energy market update covers increased Nordic gas flows to the UK, rising EU storage levels, and recent movements in power, gas, carbon, and oil markets. Nordic Flows and Pipeline Activity: Inbound flows from Nordic regions to the UK have surged following the completion...