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Europe
Natural Gas
2022-03-04
Europe Rushes to Reduce Russian Energy Dependence
One consequence of the war in Ukraine is that Europe is now scrambling to reduce its dependence on Russian energy. The price of gas was already high before the invasion. Now that Russian soldiers are in Ukraine prices have spiked again.
Nuclear Power Plant
2022-03-04
Conflict in Ukraine Threatens Nuclear Power Plants and Radioactive Waste Disposal Facilities; Operations Continue
The State Nuclear Regulatory Inspectorate of Ukraine (SNRIU) said it maintained communications with the country’s NPPs and that all units “continued to operate as before.”
Natural Gas
2022-03-04
Bay Area Gas Prices Surge Ever Higher as Ukraine Crisis Deepens
The invasion of Ukraine continues to impact gas prices in the Bay Area.
Thermal Coal
2022-03-04
Rush to Replace Russian Coal Propels Fuel to Unprecedented Gains
A global race to secure coal sparked by fears of a shortfall in supply from Russia, one of the biggest producers, has sent prices to levels never seen before.
Natural Gas
2022-03-04
Gas Prices in Europe Hit Record High Amid Supply Concerns
The gas price at the Dutch TTF hub, the benchmark gas price for Europe, jumped early on Thursday in Amsterdam to trade at $221.
Crude Oil
2022-03-04
Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged
War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intelligence firm Rystad Energy shows.
Crude Oil
2022-03-04
Russia’s Oil Exports Are Plunging Even Without Sanctions
While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are reluctant to do business with Russia.
Natural Gas
2022-03-04
Brazil 2021 Gas Demand up 29pc as Thermal Jumps
Brazil's domestic natural gas consumption rose last year by 29pc, boosted by the expansion of thermal power generation, according to data from Brazilian gas distributors association Abegas.
Natural Gas
2022-03-04
Russian Gas Via Yamal Pipeline Halts Flows to Germany
Natural gas flows from Russia to Germany via the Yamal pipeline stopped in the westward direction on Thursday, according to data from the Gascade pipeline operator cited by Reuters.
Nuclear Power Plant
2022-03-04
Europe's Largest Nuclear Power Plant on Fire After Russian Attack
The Zaporizhzhia nuclear power plant in Ukraine, the largest of its kind in Europe, was on fire early on Friday after an attack by Russian troops.
Natural Gas
2022-03-03
European Gas Rally Continues with Focus on Sanctions on Russia
European natural gas surged for a fourth day as the market continues to focus on sanctions on Russia in response to its invasion of Ukraine.
United Kingdom
2022-03-03
Jump in Energy Prices Leaves Price Cap Predictions at Over £2,900 a Year
Wednesday’s significant rise in the price of wholesale gas has once again sent predictions for the Winter Default Tariff Cap rocketing upwards, with Cornwall Insight now predicting the cap will rise in October to over £2,900 a year for an average user.
United Kingdom
2022-03-03
Energy Costs Extremely Volatile After Russia Invades Ukraine
Cornwall Insight’s modelling for the Default Tariff Cap shows extreme volatility in the market, with Winter cap predictions jumping by over £200 from 23 Feb to 24 Feb - only to fall again on 25 Feb, before rebounding on 28 Feb.
Hydrogen Fuel Cell Vehicle
2022-03-03
Five Hydrogen Buses to Hit the Roads in Palma De Mallorca, Spain
Hydrogen buses will be hitting roads in Palma de Mallorca with Solaris revealing today (March 3) plans to establish the zero-emission buses on the Spanish city’s roads.
Offshore Wind Power
2022-03-03
Renewable Power Capital Enters Swedish Market with 100% Acquisition of Onshore Wind Farm From OX2
Renewable Power Capital has committed to acquire the Klevberget onshore wind farm, with a capacity of 146 MW, in their first Swedish deal.
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