Europe's Winter Power Surge Is Biggest Since Energy Crisis

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Winter is approaching and the European electricity markets are beginning to show the first warning signs since the energy crisis that took place in 2022. Specifically, this is observed for example in the wholesale price of electricity for January in Germany, which already quoted above 180 €/MWh in ... Continue reading "Europe will face the biggest upturn in the price of electricity this winter since the energy crisis of 2022"

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Oil and gas prices rise after Saudi Arabia attacks

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The new war front that opened in the Middle East, between the Houthis and Saudi Arabia, is pushing the energy bill for consumers in Greece and Europe to even higher levels. The damage caused by the Houthis to the Saudi Arabian pipeline, which transports oil to the Red Sea from the east of the country, through which its exports were made after the "closure" of the Strait of Hormuz, was the catalyst for the price of Brent to increase to close to 1…

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As Europe approaches the winter season, electricity markets transmit the most powerful [...]

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As Europe approaches the winter season, the electricity markets transmit the strongest alarm signal after the energy crisis of 2022, transmits the Bloomberg platform, quoted by Agerpres. In Germany, the largest economy in the region, wholesale energy with delivery in January is traded at more than 180 euros per [...]