European power prices eye fresh record highs as Russia keeps natural gas supplies tight
German power for August delivery was changing hands at 385 euros, a 23% jump in the daily average for the month of July.
Source: businessinsider.co.za
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London hit with dangerous heatwave that could get worse
World News - LONDON (BLOOMBERG) - London is in the midst of a potentially dangerous heatwave that is also spreading across western Europe, with little relief in sight. Temperatures in the UK capital are set to hit 31 deg C (87.8 degrees Fahrenheit) Monday (July 11), according to the Met... Read more at www.tnp.sg
Source: straitstimes.com
Renewable Energy Burst Sends Dutch Power Prices to Lowest Ever
(Bloomberg) -- Surging power output from wind and solar plants along with a nuclear reactor coming back online sent Dutch power prices to their lowest on record. For as many as 13 hours this weekend, prices in the Netherlands and Belgium dropped below zero as output surged above demand.
Source: bloombergquint.com
Commodity Crucible: US Coal Hits Record High As French Power Prices Go Limit Up
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Europe's energy crisis deepens as gas rally pushes power to unprecedented highs
Europe’s energy crisis deepened Dec. 21 as spiraling gas prices pushed European electricity contracts to unprecedented highs. German Cal-2022 baseload power jumped 25% on the day to settle at Eur315.00/MWh. The benchmark contract traded as high as Eur315.99/MWh on EEX, up over 500% since the start of the year and more than doubling since Dec. ...
Source: hellenicshippingnews.com