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Daily (15.03.2023): Spot electricity prices in Europe soared on Tuesday, driven by rising demand and falling wind generation

In the wake of further monetary tightening, which triggered turbulence in the U.S. banking sector, oil prices ended sharply lower on Tuesday. Thus, Brent crude fell by 4% to $77.45 a barrel.

read more... 15/03/2023

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Finland to install over 3GW of wind capacity in 2023-24

Finland is expected to install 3.25GW of new wind capacity in 2023-24, with French developer Neoen providing the largest share of new capacity this year and Finnish firm OX2 leading the way in 2024, data compiled by Argus show.

read more... 14/03/2023

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Poland votes on wind farms as global firms urge easing of rules

The Polish parliament will decide on Thursday whether to adopt some of Europe’s strictest rules on developing wind farms amid expectations of backtracking on a proposal that had aimed to double existing capacity.

read more... 10/03/2023

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EDF team to bid in tender for 3.5-GW wind zone off Belgium

EDF Renewables, marine contractor Jan De Nul and energy group Luminous have teamed up to make a joint bid for the development of an offshore wind zone in Belgium that could host up to 3.5 GW of turbine capacity.

read more... 09/03/2023

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Orsted says huge UK Hornsea 3 wind project at risk without government action

Development of what would be the world’s largest wind farm off the coast of Britain is in doubt, with developer Orsted saying it needs more support from the government such as tax breaks to proceed with the project after costs soared.

read more... 06/03/2023

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