Latest news
Polish coal giant doubles down on 2.5GW solar push despite business retrenchment
The owner of a double-digit-gigawatt portfolio of coal-fired power will press ahead with a shift to renewables even as it shuts down its non-essential business over the COVID-19 crisis.
read more... 16/04/2020
French, Spanish developers to join 240-MW Welsh tidal stream zone
Two French turbine developers and one Spanish peer have signed-up to the Morlais tidal stream energy project in North Wales, where the Crown Estate has designated a zone with the potential to reach 240 MW over time.
read more... 15/04/2020
Spanish power demand hits 20-year low
Spain’s power demand totalled 474 GWh (19.8 GW) on Sunday, its lowest for 20 years, according to Red Electrica data.
read more... 15/04/2020
SSE warns UK government over 40GW offshore wind policy
SSE Renewables has called for a series of “enabling” offshore wind policy actions from the UK government, warning that a “business as usual” approach will not deliver 40GW of installed capacity by 2030.
read more... 15/04/2020
Daily (15.04.2020): WTI crude lost 10.3% on Tuesday due to weak global demand
Crude oil futures decreased sharply on Tuesday as weak demand and supply glut eclipsed the support from an agreement over the weekend by major oil producers to curb output. Consequently, Brent crude for June delivery fell by $2.14, or 6.7%, to settle at $29.60 a barrel. U.S. WTI crude plunged by $2.30 or 10.3%, to close at $20.11 a barrel.
read more... 15/04/2020