Strengthening natural gas markets — power prices –and variable nuclear power availability opened pockets of price volatility through the month, illustrating how national generation characteristics continue to offer divergent price trends despite the EU’s single market drive.
US Southwest Power Pool sets back-to-back wind records
The share of wind in the US Southwest Power Pool set a recent record at 45.1%, surpassing a record set the previous day, a spokesman said.
Continental European power prices dipped again in January
A mid-month cold snap could not prevent Continental European power prices dipping again in January, according to data released by Platts, an independent provider of information and benchmark prices for the commodities and energy markets.
China makes leaderboard of 2015 Platts Top 250 Global Energy Company Rankings
First Time in Rankings’ 14 years: 3 Chinese Companies Make it to Top 10; 2 Make it to Top 5 Both APAC and EMEA Slip in Number, Average Rank and Growth Rates Ongoing Shale Plays Advance Americas’ in the Rankings Hindustan Petroleum Corporation Ltd. Chairman Nishi Vasudeva Named 2015 ‘Asia CEO of the Year’…
Electricity prices plummeted in May as European renewables dominated
Editor’s Note: For comparison, residents of northern Ohio in the U.S. pay about $0.126/kWh. German day-ahead electricity prices averaged $28.11 per megawatt hour (MWh) in May, their lowest monthly average in 12 years as wind, solar and hydro combined to crash the prompt market, according to data released by Platts, a global provider of energy, petrochemicals, metals and…