Crude oil futures extended losses on Tuesday, falling to the lowest level since 2016 as the coronavirus pandemic threatens to bring the global economy to a deadlock, denting the fuel demand at a time when crude supply is flooding the market. Brent crude fell by $1.32, or 4.4% to settle at $28.73 a barrel on ICE London. U.S. WTI crude plunged by $1.75, or 6% to end at $26.95 a barrel on NYMEX.
read more... 18/03/2020
Utility-scale solar added a record 45GW of new capacity last year, bringing the total to over 220GW, according to figures from Wiki-Solar.
read more... 18/03/2020
European carbon prices tumbled below EUR 19/t on Tuesday – hitting a 15-month low – after the EEX cancelled its daily auction of EUAs amid a lack of bids.
read more... 18/03/2020
Sweden expects a significant increase in both wind and solar power generation, and a drop in total electricity supply and demand in the country in the period 2019-2022.
read more... 18/03/2020
Crude oil futures decreased sharply on Monday as the coronavirus pandemic continued to play havoc across the energy complex, forcing countries to go into lockdown. Furthermore, top oil producers announced their intention to flood the black gold markets after their ally, Russia, refused on March 6 to further limit the oil production to prop up prices.
read more... 17/03/2020