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Sweco to design one of Europe's largest battery energy storage systems in Belgium
Swedish engineering consultancy company Sweco said it would design one of Europe's largest battery energy storage systems, called Green Turtle, in Belgium. Sweco is designing the battery park on behalf of the company GIGA Storage Belgium.
read more... 08/10/2024
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Norway plans $3.3 billion floating wind subsidy cap
The Norwegian government proposed on Monday to offer up to 35 billion Norwegian crowns ($3.29 billion) in subsidies in the country's first commercial floating wind power tender, in line with a preliminary plan outlined in June.
read more... 08/10/2024
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UK to Boost Electricity Imports From the EU
The UK will boost its electricity imports from the European Union to offset any future supply shortages caused by the government’s decision to close the country’s last remaining coal power plant.
read more... 08/10/2024
Daily (08.10.2024): Brent crude surpassed the $80 a barrel for the first time since August amid concerns of a broader conflict in the Middle East
Oil prices surged by nearly 4% on Monday due to escalating tensions in the Middle East. Brent crude closed at $80.93 per barrel, surpassing $80 a barrel for the first time since August. Meanwhile, WTI crude closed at $77.14 per barrel.
read more... 08/10/2024
Daily (07.10.2024): European carbon prices fell to their lowest levels in about six months on Friday amid technical trading and weak demand
Oil prices inched up on Friday as concerns over potential supply disruptions in the Middle East continued to weigh on markets. Brent crude gained 0.5%, closing at $78.05 per barrel, while WTI crude increased by 1%, settling at $74.38 per barrel.
read more... 07/10/2024