Latest news

Daily (18.06.2020): German power spot down by 14.6% due to stronger renewable generation

A fresh outbreak of COVID-19 dragged oil prices down on Wednesday. Despite a drop in U.S. distillate stockpiles and crude inventories, Brent crude futures lost 25 cents, or 0.6%, to settle at $40.71 a barrel. West Texas Intermediate (WTI) fell by 42 cents, or 1.1% to end at 37.96 a barrel.

read more... 18/06/2020

news

Iberdrola backs 49 MW of new wind via PPA with Vodafone Spain

Spanish energy giant Iberdrola SA has signed a power purchase agreement (PPA) with telecommunications operator Vodafone Espana SAU, which in part will support a 49-MW wind farm project in Spain.

read more... 18/06/2020

news

The UK ‘must commit to 10GW of new nuclear to reach net zero by 2050, but costs need to fall’

A strategy without new nuclear power could put the UK Government’s net zero target at risk, according to a report

read more... 18/06/2020

news

Dutch biomass plant generates 90% lower NOx emissions than natural gas

The lower emission values can be achieved by a higher investment of just 2% to 3%, the plant’s developer says

read more... 18/06/2020

news

Daily (17.06.2020): Oil prices gained more than 3% on Tuesday on forecasts for record rise in demand for 2021

Crude oil futures edged higher in a volatile trading on Tuesday after the International Energy Agency (IEA) revised upwards its oil demand estimate for 2021, while upbeat economic figures in the United States added to the bullish trend. Hence, Brent crude for August delivery climbed by $1.24, or 3.1%, to settle at $40.96 a barrel. At the same time, U.S. WTI crude soared by $1.26, or 3.4% to settle at $38.38 a barrel.

read more... 17/06/2020

news