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EDF partners with Chinese utility to develop 500MW offshore wind projects
French energy company EDF Group has signed an agreement with a Chinese utility to jointly develop 500MW offshore wind projects in China.
read more... 26/03/2019
Russia's Novovoronezh NPP II unit 2 reaches final stage
Unit two of the Russian Novovoronezh Nuclear Power Plant II, equipped with the VVER-1200 reactor, was brought to Minimum Control Power (MCP), Russia's state atomic energy corporation, Rosatom, confirmed in a statement on Monday.
read more... 26/03/2019
Daily (25.03.2019): European power prices on the curve fell by around 0.8% on Friday amid a bearish energy complex
Weaker oil demand, the unhurried U.S.-China trade talks and last week’s dismal German and U.S. manufacturing data which revived concerns over a sluggish global economic growth weighed on oil prices on Friday. A stronger dollar put more pressure on prices. Brent crude traded 1.2% down at 67.03 USD/bbl, while WTI futures dropped by 1.6 % to 59.04 USD/bbl.
read more... 25/03/2019
France's EDF in race to convert Cordemais plant from coal to biomass
French utility EDF aims to convert its 1,200-megawatt (MW) Cordemais coal-fired power plant by spring 2022 into one that burns pellet fuel made from discarded wood, giving the unit a new lease of life.
read more... 25/03/2019
REE to invest EUR 3.2bn to aid energy transition in Spain
Spanish grid operator Red Electrica de Espana (REE) will invest a total of EUR 3.221 billion (USD 3.6bn) in the development of the high voltage transport network and the operation of the electric system to enable the energy transition across the entire territory of Spain.
read more... 25/03/2019