Latest news
EIB offers €100m loan to upgrade Elenia electricity network in Finland
The European Investment Bank (EIB) has agreed to provide €100m loan to Finland-based electricity distribution system operator Elenia.
read more... 08/04/2020
Annual turbine spend to reach $60bn by 2028
Annual average wind turbine supply is forecast to hit $60 billion between 2020 and 2028 – reflecting an increase of 8% compared to 2019, according to new data.
read more... 08/04/2020
EDP issues EUR-750m green bond to finance renewables
Energias de Portugal SA announced on Tuesday it has priced EUR 750 million (USD 814.8m) worth of green bonds.
read more... 08/04/2020
Daily (08.04.2020): UK gas prices were bullish on Tuesday amid weaker wind output, improving conditions at the epicentre of the European virus outbreak
Crude oil futures fell sharply again on Tuesday, weighed down by uncertainty surrounding the ability of global energy giants to agree to cut production at an important meeting on Thursday.
read more... 08/04/2020
Daily (07.04.2020): European year-ahead power prices soared on Monday due to an aggressive increase in carbon prices
Oil prices started the week on a back foot after a postponement to Thursday of a meeting between OPEC and its allies aimed at reducing the excess supply of black gold on the world market. Hence, Brent crude for June delivery fell by $1.06, or 3.1%, to settle at $33.05 a barrel on ICE London. Meanwhile, U.S. WTI crude decreased by 2.26, or 8%, to end at $26.08 on NYMEX. The two benchmarks saw a recovery last Thursday and Friday due to signals of new production cuts sent by Russia and Saudi Arabia.
read more... 07/04/2020