Latest news
Germany predicts 900 MW of new offshore wind in 2017
Germany connected 626 megawatts (MW) of newly constructed offshore wind capacity to power grids in the first semester of this year and hopes to see total installations of 900 MW in the entire year, as stated by five industry groups in a joint statement on Thursday.
read more... 21/07/2017
Japan's Mitsui will vend stake in UK's First Hydro
Japanese trading house Mitsui & Co declared on Friday it has decided to vend its entire 25 percent stake in UK hydro power company First Hydro to Brookfield Renewable Partners L.P. for over 5 billion yen ($45 million).
read more... 21/07/2017
Daily (21.07.2017): EU carbon prices decreased by 1.5% on Thursday, but still at a 3 month-high
Oil prices dropped on Thursday on rising output from the U.S., Libya and Nigeria before the meeting of major oil producers, expected to be held in Russia on Monday. Brent crude tumbled by 0.8% to end at $49.30 a barrel, while WTI price declined by 0.42% to close at $46.92 a barrel.
read more... 21/07/2017
Russia faces hardship installing Siemens turbines in Crimea
After thumbing their nose at the European sanctions and bringing gas turbines made by the German company Siemens to Crimea, Russia struggles to install them, since the company refuses to engage in anything that has to do with the equipment that was delivered to the sanction-bound region.
read more... 20/07/2017
Daily (20.07.2017): EU carbon prices decreased by 1.5% on Wednesday
Oil soared on Wednesday, supported by strong demand for gasoline in the US and a major decline in the stocks, according to the API. Brent crude jumped by 1.76% to close at $49.70 a barrel, while WTI price rose by 1.55% to end at $47.12 a barrel.
read more... 20/07/2017