Nuclear generators and service extensions
California calls for electricity conservation
U.S. gas-fired generation hits record high
Economic warfare and energy bills ($FT)
Energy crisis myths dispelled by IEA ($FT)
EU smelters close on high energy costs ($FT)
EU/UK POLICYMAKERS are considering how to protect households and businesses from surging gas and electricity prices. History suggests there are four basic options that can be employed singly or in combination. Multiple refinements are possible with each option – but the four basic responses have been the same since at least 400 BCE:

EUROZONE manufacturers reported business activity declined for the second month running in August. The composite purchasing managers’ index slipped to 49.6 in August from 49.8 in July and 52.1 in June as the conflict between Russia and Ukraine, record gas and power prices, broader inflation, and falling household and business confidence tipped the regional economy towards recession:


HEDGE FUND and other money manager positions in the six major petroleum futures and options contracts on August 30:





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