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Armenia: Hydropower plants can reach a 40% share of electricity generated
Armenia’s hydropower plants can produce a share of 40% of the total electricity volume, according to a recent statement of the Armenian deputy minister of energy infrastructure and natural resources Hayk Harutyunyan.
read more... 18/05/2017
Daily (18.05.2017): Oil prices surged by around 1% to a two-week high on Wednesday
Oil prices surged to a two-week high on Wednesday after U.S crude inventories declined for the sixth straight week. On May 25, in Vienna, OPEC producers are expected to extend the supply cuts. Brent crude edged up 1% to close at $52.21 per barrel. Meanwhile, U.S. WTI crude price jumped by 0.84% to settle at $ 49.07 a barrel.
read more... 18/05/2017
TRIG acquires 34MW wind farm in Wales for £100 mln
The Renewables Infrastructure Group (TRIG) has finalized the purchase of the 34MW Garreg Lwyd Hill wind farm in Wales from RES for £100 million.
read more... 18/05/2017
UK National Grid puts on hold development consent for Moorside nuclear project power line
National Grid suspended the development approval for a proposed electricity line connecting Britain’s transmission network to the Moorside nuclear project in northwest England.
read more... 17/05/2017
Daily (17.05.2017): EU carbon prices increased above €4.50 for the first time in a week
Oil prices seesawed on Tuesday within two opposed trends. The increasing trend during the session was supported by the news that several OPEC members voiced the opinion to continue supply cuts until March 2018 to reduce a global glut of crude oil. The downward evolution at the end of the day was caused by the data from the American Petroleum Institute indicating an unexpected build in crude inventories.
read more... 17/05/2017