Greece completes second renewables auction

09/07/2019 09:16 Renewable


Greece has closed a second round of competitive bidding for solar and wind farms for around 330MW of capacity.

The class 1 project category, comprising solar installations less than 20MW in size, attracted 275 bids with prices at a weighted average of €62.78 per megawatt hour (MWh).


The class 2 project category, comprising wind farms less than 50MW in size, drew 37 bids.


The weighted average price was €67.32/MWh.


Shell’s second-quarter LNG sales drop

30/07/2020 09:52:00

The Hague-based LNG giant Shell logged a 7 percent decline in its liquefied natural gas sales during the second quarter of this year as it reported a huge quarterly loss.


Daily (29.07.2020): British gas prices gained ground on Tuesday amid lower Norwegian flows and higher carbon prices

29/07/2020 10:24:00

Crude oil futures ended lower on Tuesday as market players continue to fret over the impact of COVID-19 on energy demand ahead of weekly petroleum supply data expected to show a further rise in U.S. crude inventories. Hence, Brent crude slipped by 19 cents, or 0.4%, to settle at $43.22 a barrel, while U.S. WTI crude futures declined by 56 cents, or 1.4%, to settle at $41.04 a barrel.


UK can have "negative-subsidy" offshore wind online in couple of years

29/07/2020 09:50:00

The UK’s contracts for difference (CfD) auctions in September 2019 will likely bring the world’s first "negative-subsidy" offshore wind farms, according to a study led by Imperial College London (ICL) researchers.