Market Pulse - Commodities
Announcement of 'major' breakthrough in nuclear fusion expected on Tuesday
Scientists in the US achieved a net energy gain through a fusion reactor for the first time ever, a potential breakthrough in attempts to harness the limitless source of clean energy.
Sunday newspaper round-up: Power prices, Broadband bills, Brexit protocol
Power prices hit a record high due to a combination of a cold snap and a dearth of wind. Power prices in the UK for a day ahead hit a record £675 per megawatt hour on the Epex Spot Exchange on Sunday as the country was blanketed with snow and temperatures fell below zero. At the peak hours between five and six o'clock power costs surged to £2,586 per megawatt hour. Furthermore, National Grid forecast that power demand would peak at nearly 46,700 megawatts on Monday, versus 43,000 MW on Sunday.