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Zero-carbon sources overtake fossil fuel for UK power generation

On 21 June the National Grid announced zero-carbon sources had overtaken fossil fuels as a power source in the UK for the first time since the Industrial Revolution.

read more... 25/06/2019

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Ireland commits to 70% renewables with new action plan

The Irish government on Monday released the country’s Climate Action Plan for 2019, which calls for a 70% renewables share in the total power mix by 2030.

read more... 19/06/2019

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Serbia's MK Group to build 8.1 mln euro biomass-fired power plant

Serbian diversified conglomerate MK Group said on Monday that it plans to invest 8.1 million euro ($9.1 million) in the construction of a biomass-fired power plant in Vrbas, in the northern part of the country.

read more... 18/06/2019

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Daily (17.06.2019): German spot power price dropped by more than 26% on Friday due to lower than expected demand

Oil prices rose on Friday, after attacks on two oil tankers in the Gulf of Oman increased supply concerns. Prices were tempered by worries that trade disputes will lead to higher global oil demand. Brent oil rose $0.7, or 1.1% to $62.01 a barrel. WTI crude surged by $0.23, or 0.4% to $52.51 a barrel.

read more... 17/06/2019

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EC approves EUR-5.4bn state aid for Italy’s renewables

The European Commission (EC) approved on Friday EUR 5.4 billion (USD 6.1bn) in state aid to support power generation from renewables in Italy.

read more... 17/06/2019

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