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Nearly $640 bln coal investments undercut by cheap renewables - research

Nearly $640 billion of investment in coal power capacity worldwide is at risk because it is cheaper to generate electricity from new renewables, research by think tank Carbon Tracker Initiative showed on Thursday.

read more... 13/03/2020

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Daily (12.03.2020): British gas prices mostly bullish due to a stronger consumption, lower LNG send-out

Crude oil futures fell on Wednesday as Saudi Arabia and the United Arab Emirates have announced their intention to drastically increase their production of black gold at a time when demand is weakened by the spread of the coronavirus worldwide. Meanwhile, the World Health Organization declared the coronavirus an international pandemic.

read more... 12/03/2020

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Dutch wind powers data centre

Global provider of data centre services QTS Realty Trust has signed agreements to purchase renewable energy to supply its newly acquired facility in Groningen, in the Netherlands.

read more... 12/03/2020

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Italy's Terna earmarks over EUR 7bn for grid upgrades

Italian grid operator Terna SpA has committed to spend EUR 7.3 billion (USD 8.27bn) to modernise and strengthen the country’s power network over the next five years in support of climate targets requiring higher volumes of green power.

read more... 12/03/2020

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UK fleets to invest £12bn in electric vehicles

Fleet investment in electric vehicles (EVs) will increases by almost 50% over the next two years, exceeding £12 billion, according to new research from Centrica Business Solutions.

read more... 12/03/2020

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