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Energy
Flagship Energy’s Tejal Shah Energy Markets Update – 14th August 2024
European and UK gas markets have traded at multi-month highs this week after peaking within day on Monday to levels not seen this year. Whilst prices are a touch softer a significant risk premium has been built in comparison to where…
WTI falls on renewed demand worries
U.S. crude oil prices fell 2% on Tuesday, as slowing global demand overshadows tensions between Iran and Israel.The market has shifted its focus back to fundamentals after the International Energy Agency and OPEC flagged softening…
West Burton B gas-fired power station changes hands
West Burton Energy (WBE) and EIG have finalised the sale of West Burton B Power Station in Nottinghamshire, England to TotalEnergies.In June, Energy Live News reported that TotalEnergies signed an agreement with EIG, a global energy…
Bitcoin plunged 28%. Institutional investors bought the dip
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to the crypto trade would react to the mammoth swings that are old hat for more seasoned digital currency…
UK and Poland back €249m loan for Turkey’s solar project
The UK and Poland have partnered to support a €249 million (£214m) financing deal for a solar power project in Turkey.The loan, arranged by Standard Chartered Bank and backed by UK Export Finance (UKEF) and Poland’s export credit agency…
WTI, Brent on pace for weekly gain
A truck carrying natural gas enters the Gaza Strip via the Rafah crossing with Egypt, hours after the start of a four-day truce in battles between Israel and Palestinian Hamas militants, on November 24, 2023. Said Khatib | AFP | Getty…
‘Nearly half of London’s properties could be unlettable by 2027’
Nearly 50% of London’s commercial properties might be unlettable by 2027 if they don’t meet new energy efficiency rules, according to experts.The new standards could require all rented non-residential buildings to have an Energy…
We’re taking profits in a winning stock near all-time highs and buying a
We are selling 50 shares of Procter & Gamble at roughly $170.60 and buying 100 shares of Nextracker at roughly $40.84. Following the trades, Jim Cramer's Charitable Trust will own 350 shares of PG, decreasing its weighting to 1.9%…
‘Ireland to miss renewable energy target by two years’
Ireland and Northern Ireland are expected to miss their goal of generating 80% of electricity from renewable sources by 2030.Forecasts from Cornwall Insight show that only 70% of the power grid will be renewable by then, with the rest…
How a shuttered power plant in Michigan could pave the way for more nuclear
The Palisades Nuclear Generating Station in Covert, Mich.John Madill | The Herald-Palladium | APThe Palisades Power Plant on the shores of Lake Michigan had become a piece of history, a relic of an era when nuclear energy was viewed as…