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Daily (29.03.2018): German spot power price settled 6% lower on Wednesday due to high wind generation

Oil prices declined on Wednesday after government data showed an increase in U.S. crude stockpiles and as geopolitical tensions faded into the background. Brent crude settled 58 cents, or 0.8%, lower at $69.53 a barrel. WTI crude was 1.3% down at $64.38 a barrel.

read more... 29/03/2018

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Construction of Barakah 1 reactor formally accomplished

President Moon Jae-in of South Korea and Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan attended yesterday an event to celebrate the accomplishment of construction of the United Arab Emirates' first nuclear power reactor.

read more... 28/03/2018

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Spain's Grupo T-Solar signed a deal to acquire 100 MW of CSP

Spanish solar power producer Grupo T-Solar has inked deal to purchase two concentrated solar power (CSP) plants in Spain with an overall capacity of 100 MW.

read more... 28/03/2018

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Great Britain could save £77billion by upgrading old onshore wind farms

Upgrading onshore wind parks with new equipment as they arrive to the end of their planned operating lives could save consumers over £77 million on energy bills every year.

read more... 28/03/2018

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Daily (28.03.2018): European carbon prices soared by over 5% to hit 7-year record level on Tuesday

Oil prices closed a bit lower on Tuesday as stocks fell and industry group data showed an unpredicted rise in crude inventories. Brent crude settled almost constant at $70.11 a barrel, meanwhile WTI futures edged 0.5% lower at $65.25 a barrel.

read more... 28/03/2018

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