Latest news
Bulb Energy collapse leaves 1.7 million without supplier
UK utility Bulb Energy has announced its collapse into administration, leaving 1.7 million customers without an energy supplier. The bankruptcy of the UK’s seventh-largest energy retailer marks the most recent and largest in a long line of UK utilities going bust because of high international energy prices.
read more... 23/11/2021
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OX2 to build and divest 455MW onshore wind farm in Finland
Sweden-based renewable energy developer OX2 has signed an agreement to build and sell a 455MW onshore wind farm in Lestijärvi, Finland, to a consortium of Finnish energy companies for Skr6.5bn ($732m).
read more... 23/11/2021
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Portugal becomes fourth EU country to stop using coal plants
Environmental activists are welcoming the end of electricity generation from coal in Portugal, though they said Monday the possible conversion of the country's last coal-fired power plant into one that burns wood pellets would be a step in the wrong direction.
read more... 23/11/2021
Daily (22.11.2021): Oil prices declined on Friday, pressured by fears of renewed lockdowns in Europe
Crude oil prices retreated on Friday, as the reintroduction of lockdown measures in several European countries raised concerns over demand for black gold. Thus, Brent oil fell by 2.9% to $78.89 a barrel and WTI crude tumbled by 3.9% to $75.94 a barrel.
read more... 22/11/2021
Spain’s power measures ‘tilting toward’ utilities
Spain's interventionist measures in recent months aimed at reducing the effect of record wholesale energy prices on consumers' electricity bills have temporarily increased regulatory risk perception in the sector. But they looked to be leaning towards local major utilities in the end, consultancy Ekon said.
read more... 22/11/2021