Solar power ‘will help Europe avoid blackouts’

12/10/2018 09:33 Solar


Solar power will prove an important technology in stopping power outages across Europe in coming years.

That’s the verdict from Sun Investment Group, which uses the island of Tilos as an example of how effective panels can prove in covering gaps in supply.


The Greek island of Tilos will soon be autonomously powered by 100% renewable energy, using an advanced battery system driven by an 800Kw wind turbine and a solar park – this will help it avoid frequent power outages, which often force the island’s residents and businesses to turn to diesel-powered generators for their electricity.


Sun Investment Group’s Chief Business Development Officer, Andrius Terskovas, believes solar power will become a widespread way of avoiding future power blackouts across Europe in the future, especially with experts predicting the price of lithium ion battery packs to fall below $100/kWh (£75.6/kWh) by 2025.


Poland, US firm sign long-term gas imports deal

18/10/2018 09:14:00

Poland's main gas company says it has signed a long-term contract for the purchase of some 40 million tons of liquefied natural gas from a U.S.-based producer in the first such deal in Central and Eastern Europe.


Daily (17.10.2018): UK gas prices dropped on Tuesday due to an oversupplied market

17/10/2018 11:04:00

Global oil prices were slightly up on Tuesday, as forecasts for U.S. supply growth were offset by concerns over the Middle East crude supply due to geopolitical tensions, and the approaching U.S. sanctions on Iranian exports. U.S. West Texas Intermediate futures edged 0.2% higher on Tuesday, to trade at $71.92 a barrel. Meanwhile, Brent crude oil futures rose by 0.8% to end at $81.41 a barrel.


Romania's Cernavoda NPP Unit 2 returns to full power

17/10/2018 09:08:00

Nuclearelectrica, the operator of Romania's sole nuclear power plant Cernavoda, said on Tuesday that the plant's Unit 2 is operating at full power again, following repair works that lasted 12 hours.