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Coal mine in Germany to be converted into a hydroelectric battery

RAG AG-owned Prosper-Haniel hard coal mine, located in the German state of North-Rhine Westphalia, will be transformed into a big battery that stores excess solar and wind energy.

read more... 23/03/2017

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Daily (22.03.2017): German spot rose 23% as wind power production declined

Crude oil prices declined on Tuesday, with U.S. crude reaching its lowest level since November 2016, as worries about new supplies overshadowed the latest OPEC deal to extend production cuts beyond June 2017.

read more... 22/03/2017

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World’s first offshore wind farm is retiring

Denmark wind energy giant DONG Energy, declared last week that it is retiring the world’s first offshore wind farm Vindeby, installed 25 years ago.

read more... 21/03/2017

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E.ON: Rampion Offshore Wind Farm achieves its final phase

The first from 116 wind turbines was installed last week at E.On's Rampion Offshore Wind Farm, marking the beginning of the last phase of the project launched in the English Channel, nearby Sussex.

read more... 17/03/2017

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Daily (17.03.2017): German spot power down 17% on anticipated increase in wind power

Crude oil prices retreated on Thursday despite a support from weaker dollar, being pressured by U.S. crude stockpiles near record high levels, intensifying concerns if OPEC-led output cuts will be able to reduce a global glut.

read more... 17/03/2017

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