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RWE wraps up acquisition of Innogy's renewable energy ops

German energy major RWE AG said on Wednesday that its complex asset-swap with rival E.on SE is now fully completed, creating a massive renewable energy business.

read more... 03/07/2020

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Polish govt agrees offshore wind cooperation with sector players

The government of Poland and representatives of the offshore wind industry have entered into a letter of intent that outlines their future cooperation in the development of the particular sector.

read more... 03/07/2020

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New nuclear will ensure France's energy security, SFEN says

A failure to renew France's fleet of nuclear power reactors will have consequences as soon as 2030 for not only the country's energy security but also its climate targets, according to the French nuclear energy society (SFEN). Nuclear power plants, with a combined capacity of 62 GWe, currently account for more than 70% of the country's electricity generation.

read more... 03/07/2020

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UK gives blessing to Vanguard, delays Hornsea 3

BEIS Secretary Alok Sharma issues decisions on offshore wind farms off east England totalling 4.2GW

read more... 02/07/2020

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Daily (02.07.2020): EUAs soared briefly above the €28-level on Wednesday, to hit 11-month highs amid speculative buying

Crude oil futures gained ground on Wednesday amid a massive drawdown in U.S. crude stockpiles, suggesting that demand is improving. However, the surge in new coronavirus cases limited the market’s upside. Hence, Brent crude for September delivery rose by 88 cents, or 2.1%, to settle at 42.03 a barrel. At the same time, U.S. WTI crude gained 55 cents, or 1.4%, to end at $39.82 per barrel.

read more... 02/07/2020

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