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Japan's JERA to buy Belgium's top offshore wind company for $1.7 bln

Japan's top utility JERA has agreed to buy Parkwind, Belgium's largest offshore wind platform, for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonisation goals.

read more... 23/03/2023

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Daily (22.03.2023): Spot electricity prices in Europe tumbled on Tuesday, driven by surging wind output and weak demand

Oil prices continued to gain ground on Tuesday, supported by a return of risk appetite amid easing concerns about turmoil in the banking sector. Thus, Brent crude rose by 2% to $75.32 a barrel.

read more... 22/03/2023

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Daily (15.03.2023): Spot electricity prices in Europe soared on Tuesday, driven by rising demand and falling wind generation

In the wake of further monetary tightening, which triggered turbulence in the U.S. banking sector, oil prices ended sharply lower on Tuesday. Thus, Brent crude fell by 4% to $77.45 a barrel.

read more... 15/03/2023

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Finland to install over 3GW of wind capacity in 2023-24

Finland is expected to install 3.25GW of new wind capacity in 2023-24, with French developer Neoen providing the largest share of new capacity this year and Finnish firm OX2 leading the way in 2024, data compiled by Argus show.

read more... 14/03/2023

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Poland votes on wind farms as global firms urge easing of rules

The Polish parliament will decide on Thursday whether to adopt some of Europe’s strictest rules on developing wind farms amid expectations of backtracking on a proposal that had aimed to double existing capacity.

read more... 10/03/2023

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