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Daily: German power prices edge higher on slight decline in wind power, expected cold snap

Crude oil prices plunged to near three-month lows before ending higher on Wednesday, dragged down by worries about supply glut and WTI crude futures declined to below $40 a barrel as investors covered short positions in late trading, supporting oil prices. U.S. crude's WTI futures rose by 8 cents to settle at $40.75 a barrel, after hitting a session low at $39.91. The last time WTI traded below $40 was on August 27. Brent crude edged 57 cents higher, or 1.3 percent, to end at $44.14, helped by a relatively bullish outlook for the global crude benchmark versus WTI.

read more... 19/11/2015

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25 MW floating wind farm off Portugal – Europe’s second ever

EDP Renovaveis made known on Monday it has reached an agreement with four other firms to develop a 25-MW offshore floating wind project in Portugal.

read more... 17/11/2015

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Nordex predicts higher sales, margins after Acciona wind purchase

Nordex intends to almost double sales over the next three years, as stated by the German wind turbine manufacturer on Thursday, encouraged by its latest 785 million euros ($844 million) purchase of Spanish company Acciona's wind power business.

read more... 13/11/2015

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Daily: European power diverge on robust wind supply in Germany, higher consumption in France

Crude oil prices declined as much as 1 percent on Monday, prolonging losses for a consecutive day, dragged down by new stockpile hike at the delivery point for U.S. crude futures and lower Wall Street share prices. On Monday, the front-month in Brent crude futures fell 23 cents, or 0.5 percent, to close at $47.19 a barrel. West Texas Intermediate (WTI) dropped 42 cents, or 1 percent, to settle at $43.87.

read more... 10/11/2015

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DONG Energy to build the biggest offshore wind farm in the world

DONG Energy has announced it intends to develop the Walney Extension Offshore Wind Farm which will be located in the Irish Sea, off the west coast of Cumbria, Britain, close to the 367.2 MW Walney Offshore Wind Farm. After having obtained all permits from relevant authorities the Danish society has announced its final investment decision last month.

read more... 06/11/2015

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