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UK’s OVO signs tech sharing deal with energy giant Eni

Under the deal, Eni gas e luce will use the Kaluza digital platform used by OVO, which allows suppliers to see real time data on customer energy consumption

read more... 27/07/2020

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Iberdrola to build green hydrogen plant in Spain, finds off-taker

Iberdrola SA has announced it will build a solar-plus-storage system and a 20-MW electrolyser for the production of green hydrogen in the industrial city of Puertollano, Spain.

read more... 27/07/2020

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Poland Poised to Announce Major Coal Mine Closures

Poland’s biggest coal producer, state-run PGG, is likely to announce within days deep cuts in coal output and the closure of a number mines as part of a restructuring plan that is expected to prompt protests by miners, industry sources said.

read more... 27/07/2020

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Daily (24.07.2020): Crude oil prices fell by about 2% on Thursday amid coronavirus demand concerns, weak U.S. jobs numbers

Crude oil futures continued to fall on Thursday, dragged down by data showing a surprise rise in U.S. crude stockpiles, renewed tensions between the United States and China, as well as the growth of U.S. jobless rate. However, the alarming increase of the U.S. coronavirus cases added further pressure on oil prices. Consequently, Brent crude for September delivery fell by 98 cents or 2.2%, to settle at $43.31 per barrel. Meanwhile, U.S. WTI crude declined by 83 cents or 2%, to close at $41.07 per barrel.

read more... 24/07/2020

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Ukraine to install first grid battery

1MW/1.5 megawatt-hour lithium ion storage system will be commissioned in 2021

read more... 24/07/2020

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