Latest news
Daily (08.08.2023): Germany recorded seven hours of negative power with a low of -9.99 EUR /MWh amid elevated wind output
Crude oil prices fell on Monday as a result of reduced demand for gasoline in the US, following the end of the summer driving season. Furthermore, the expansion of Chinese strategic oil reserves added downward pressure on prices. Thus, Brent crude dropped by 1.1% to end at $85.34 a barrel. Meanwhile, U.S. WTI crude declined by over 1% to settle at $81.94 a barrel.
read more... 08/08/2023
BP Plans To Build First Subsidy-Free Offshore Wind Farms
BP plans to build two offshore wind farms in the Irish Sea without entering government schemes for support, The Times reported on Monday, in what could be the first subsidy-free offshore wind projects ever.
read more... 08/08/2023
First turbine installation begins at world’s largest offshore wind farm
The installation campaign for the first of 277 turbines at the massive Dogger Bank Wind Farm will start this weekend
read more... 03/08/2023
Unleashing Romania's Offshore Wind Potential
The Ministry of Energy has submitted for public debate a new legislative proposal for offshore wind energy in Romania. This law is eagerly awaited by the market, especially considering the lack of success in promulgating the two previous legislative drafts on the same topic
read more... 02/08/2023
UK Windfall Tax Here to Stay Despite Energy Sector Overhaul
Downing Street’s latest energy announcements this morning will not lead to a reversal in the controversial windfall tax, despite industry hopes of it being softened to make the country’s investment climate more attractive.
read more... 01/08/2023