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Daily (05.04.2023): Spot electricity prices in Europe gained ground on Tuesday due to declining wind power output
Oil prices ended Tuesday’s session rather flat to bullish, failing to capitalize further on surprise output cuts by several members of the OPEC+ alliance, with the market more concerned about demand than supply. As a result, Brent crude ended at $84.94 a barrel, while WTI crude edged around 0.4% higher to settle at $80.71.
read more... 05/04/2023
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Poland to spend big on power grid to meet renewables goals
Poland will need a huge upgrade of its power grids to cope with the transmission of energy from renewable and nuclear sources, a top official said on Monday, as the country set out an energy strategy that will see it shift away from fossil fuels.
read more... 04/04/2023
Scottish project to use surplus wind for 3GW hydrogen
UK-based energy storage company Statera plans to develop a 3GW grid-connected electrolysis project near Aberdeen to turn surplus offshore wind power in Scotland into hydrogen, the company said today.
read more... 31/03/2023
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Electric grids need major upgrades to aid global energy transition
Modern electricity grids that can optimize clean power production from a constantly changing flux of renewable and fossil energy sources will play a vital role in enabling global energy transition efforts.
read more... 31/03/2023
Nuclear dispute hangs over EU renewable energy talks
The European Union enters the final stage of tense talks over how to treat hydrogen produced using nuclear power on Wednesday, in an effort to end a dispute that threatens to thwart a deal on more ambitious renewable energy goals.
read more... 30/03/2023