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Daily (03.09.2020): A sharp drop in German spot power price on lower demand
Oil prices eased on Wednesday due to lower gasoline demand in the United States, an indication that economic recovery from the Covid 19 crises may be slower than expected. Hence, Brent crude for November delivery fell 2.5% to settle at $44.43 a barrel. At the same time, WTI crude for October delivery dipped by around 3% to $41.51 a barrel.
read more... 03/09/2020
SSE to sell stake in Walney offshore wind farm to Greencoat UKW
UK utility SSE Plc said it has agreed to sell its 25.1% non-operating stake in the 367-MW Walney offshore wind farm to renewable infrastructure fund Greencoat UK Wind Plc.
read more... 03/09/2020
TenneT inaugurates Dutch wind and solar substation
New HV unit in Eemshaven in the Netherlands has been built entirely to deal with renewable electrcity
read more... 03/09/2020
US startup unveils battery made from nuclear waste that could last up to 28,000 years
The nano-diamond battery’s power comes from radioactive isotopes used in nuclear reactors
read more... 03/09/2020
Daily (02.09.2020): EUAs fell by over 3% on Tuesday amid full-sized auctions resumption
Oil prices ended slightly higher on Tuesday, supported by persisting weak dollar and indicators showing a good performance in manufacturing activity in China and the United States. Moreover, foreacsts for a sixth weekly drawdown in U.S. crude stockpiles added further support to oil prices. Hence, Brent crude for November delivery rose by 30 cents, or 0.7% to settle at $45.58 a barrel. At the same time, U.S. WTI crude for October delivery added 15 cents, or 0.4%, to end at $42.76 a barrel.
read more... 02/09/2020