Latest news
Daily (31.10.2019): German spot power price fell by more than 11% due to strong renewables generation and weaker demand
Oil prices declined on Wednesday following a hike in U.S crude inventories which added to worries about a probable delay in solving the U.S- China trade war. Brent oil traded 1.6% lower at $60.61 a barrel. WTI crude settled 0.9% down at $55.06 a barrel.
read more... 31/10/2019
UK floating wind 'worth £33.6bn by 2050'
The floating offshore wind sector in the UK can deliver almost £34bn in economic benefits by 2050, according to a new report by RenewableUK and Scottish Renewables.
read more... 31/10/2019
Lukoil to sign $10 bln oil supply contract with Hungary's Mol
Russia’s second-largest oil producer Lukoil will sign a contract worth $10 billion to supply oil to Hungarian energy company MOL, Lukoil Chief Executive Vagit Alekperov said on Wednesday.
read more... 31/10/2019
Scatec Solar completes the 390 MW Benban project in Egypt
The Norwegian solar project developer and power plant operator Scatec Solar ASA and partners have grid connected the last of the six 65 MW solar power plants in Egypt.
read more... 31/10/2019
Ørsted to begin negotiations for sale of 25% stake in Ocean Wind
Danish renewable energy company Ørsted is set to negotiate the divestment of 25% of its Ocean Wind project to Public Service Enterprise Group (PSEG).
read more... 31/10/2019