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Daily (29.01.2021): German Cal’22 power price hovered around 50 EUR/MWh on Thursday amid a bullish energy complex

Oil prices edged down on Thursday, as uncertainty over the global economic recovery due to soaring COVID-19 infections counterweighed falling U.S. crude inventories. Hence, Brent crude lost 0.5% to close at 55.53 dollars a barrel. Meanwhile, U.S. WTI crude declined by 51 cents, or about 1%, to settle at $52.34 a barrel.

read more... 29/01/2021

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Iberdrola secures 243 MW of solar in Spanish renewables tender

Spanish power utility Iberdrola SA (BME:IBE) said it has won a total of 243 MW of solar photovoltaic (PV) capacity in Spain’s latest renewable energy auction.

read more... 29/01/2021

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Daily (28.01.2021): Energy prices in a bearish mood on Wednesday

Brent oil price edged lower on Wednesday amid persisting concerns for global demand for black gold, thus slipping by 0.2% to $55.81 a barrel. WTI crude, however, strengthened yesterday, as data showed an unexpected drop in US crude reserves. As such, WTI gained 0.5% at $52.85 a barrel.

read more... 28/01/2021

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France's Albioma acquires majority stake in Turkey's Gumuskoy geothermal power plant

France-based independent renewable energy producer Albioma said it completed the acquisition of a 75% stake in Turkish geothermal power plant Gumuskoy.

read more... 28/01/2021

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NEA, IFNEC and Poland launch nuclear financing initiative

The OECD Nuclear Energy Agency (NEA) has launched an initiative together with Poland's Ministry of Climate and Environment and the International Framework for Nuclear Energy Cooperation (IFNEC) to collaborate on issues of common interest related to innovative nuclear financing. The initiative began with a technical workshop on 14-15 January, which brought together experts from the public, private and academic sectors to discuss a number of fundamental issues pertaining to the financing of nuclear new build.

read more... 28/01/2021

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