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Statkraft to begin operations at hydropower plant in Albania

Renewable energy generating company Statkraft announced this week that its Moglice hydropower plant in Albania will began commercial operations, delivering renewable power to the Albanian grid.

read more... 02/07/2020

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Daily (01.07.2020): The German Cal ’21 power at its highest level since the end of February, driven by economic optimism, higher carbon and coal prices

Oil prices reversed previous gains on Tuesday as Libya prepares to resume crude exports, intensifying concerns over a possible oversupply on the market. Hence, Brent crude for August delivery, which expired yesterday, fell by 56 cents, or 1.2%, to settle at $41.15. The more-active September contract lost 58 cents at $41.27 a barrel. At the same time, U.S. WTI crude dropped by 43 cents, or 1%, to end at $39.27 a barrel. However, for the month, Brent and WTI gained 16.5% and 12.4% respectively.

read more... 01/07/2020

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France completes closure of Fessenheim plant

French utility EDF yesterday permanently shut down unit 2 of the Fessenheim nuclear power plant in eastern France as scheduled. Its closure, together with that of unit 1 in February, was necessary under the country's energy transition law before EDF can bring new nuclear capacity online.

read more... 01/07/2020

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British solar firm bags €20m to build two solar farms in the Netherlands

The projects could provide enough clean energy to power more than 9,000 homes

read more... 26/06/2020

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Total's Lampiris unveils PPA for Belgium’s 309-MW Rentel offshore wind farm

Belgium power and gas supplier Lampiris will be buying the electricity produced by the 309-MW Rentel offshore complex in the Belgian North Sea.

read more... 25/06/2020

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