LSEG data: German OTC next-day power prices fell 21.5% to €145/MWh amid increased wind generation.

U.S. Treasury Secretary Bessent said U.S. Treasury officials recently visited the UAE and held productive talks.

The Pinglu Canal, a backbone project of the Western Land‑Sea New Corridor, opened to navigation this morning (Sept. 16). Construction began on Aug. 28, 2022; the 134.2 km inland waterway was built to inland waterway Class I standard and can carry 5,000‑ton vessels, the highest domestic navigational grade. The canal runs from the Pingtang River mouth in the Xijin Reservoir area of Hengzhou (Nanning) south through Luxu Town, Lingshan County, Qinzhou, and along the Qin River to the Beibu Gulf, with three cascading hub complexes at Madao, Qishi and Qingnian. Project developers say the scheme sets four global records among comparable canals and locks: strongest navigational capacity, fastest lock transit speed, highest head for a water‑saving inland lock and largest water‑saving inland lock by scale.