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Biomass takes record share of UK grid in May
Biomass-fired power took a record share of the UK generation mix for the second consecutive month in May. Overall UK power demand continued to decline as the country remained in lockdown to limit the spread of Covid-19.
read more... 02/06/2020
Amazon pledges €3.75m to improve urban green spaces in Germany and Europe
The commitment forms part of Amazon’s Climate Pledge that seeks to achieve net zero emission targets by 2040.
read more... 02/06/2020
French nuclear output slumps to multi-year low in May
French nuclear output hit its lowest point since 2012 in May, falling 22.4% year on year to 24.6 TWh, as power demand remains affected by the coronavirus crisis, preliminary data from TSO RTE data showed on Monday.
read more... 02/06/2020
Daily (01.06.2020): WTI crude hovered above $35 a barrel on Friday, gaining 6.7% for the week
Crude oil futures gained ground in the last trading day of the month after the release of the EIA’s report showing a further drop in oil well drilling in the United States. Hence, Brent crude for July delivery rose slightly to $35.33 a barrel, while, the more active August contract settled at $37.84, edging $1.81 higher, or roughly 5%. WTI crude for July delivery settled at $35.49 a barrel, surging $2.24, or 5.3%.
read more... 01/06/2020
Iberdrola subsidiary secures 62 Siemens Gamesa wind turbines for offshore project in France
The wind turbines will be installed at Ailes Marines’s facility in France, generating 750 jobs in the process.
read more... 01/06/2020