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Nord Stream 2 says Fortuna vessel working on final stage of project

The Nord Stream 2 gas pipeline construction is 99% complete, the operating company said on Wednesday, after a media report the Russian-led project, which has come under criticism from the United States, is expected to be finished on Aug. 23.

read more... 19/08/2021

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EU wind, solar peak at 123 GW helping to ease record spot power prices

Wind and solar power generation across EU markets peaked at 123 GW Aug. 17 amid a spell in wind that helped ease record spot power prices, grid operator data aggregated by WindEurope show.

read more... 19/08/2021

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Daily (18.08.2021): Oil prices declined for the fourth day in a row on Tuesday, pressured by concerns over demand for black gold

Crude oil prices decreased slightly on Tuesday, on persisting concerns over Chinese demand amid weak economic data. Thus, Brent oil edged 0.7% down at $69.03 a barrel and WTI crude lost 1% to $66.59 a barrel.

read more... 18/08/2021

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New nuclear reactor will make Slovakia a power exporter

Slovakia's new Mochovce 3 reactor is slated to start up and generate electricity this year with unit 4 following in 2023, according to an energy security report released by the Ministry of Economy. Once it starts up, Mochovce 3 will immediately tip Slovakia's energy balance back to an export footing.

read more... 18/08/2021

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EU solar power generation hits record high

Solar power supply in the European Union during June and July rose to a record high in 2021, accounting for 10% of total electricity produced in the region, a report by independent climate think-tank Ember said on Wednesday (18 August).

read more... 18/08/2021

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