Electricity prices in Japan are hitting the lowest possible, effectively zero, with increasing regularity as the coronavirus pandemic slows industrial activity and renewable energy supplies such as solar increase as summer approaches.
Day-ahead prices on the Japan Electric Power Exchange (JEPX)...
While the global oil market remains in a dire situation, it is starting to look like the nightmare scenario envisioned for the past month might just be averted.
The industry feared a flood of unwanted crude would overwhelm the world’s storage tanks as fuel demand was shattered by the coronavirus...