Latest news
Iberdrola's Scottish Power to acquire 165 MW onshore wind project in Scotland
Iberdrola’s Scottish Power said on Wednesday it will acquire a 165 megawatt onshore wind energy development in Scotland which could see investment of more than 150 million pounds ($184 million).
read more... 13/05/2020
World’s largest offshore wind farm selects O&M base
Equinor and SSE Renewables plan to build a new Operations and Maintenance (O&M) base at the Port of Tyne, UK, to service the 3.6 GW Dogger Bank offshore wind project.
read more... 13/05/2020
LNG imports and new supply challenge Russia’s hold on European gas market
Russia’s dominance of Europe’s natural gas market, widely seen as threatening European energy security, is likely to be increasingly challenged as new suppliers establish a foothold in the region.
read more... 13/05/2020
Daily (13.05.2020): Crude oil futures recovered on Tuesday amid additional supply cuts by Saudi Arabia
Crude oil futures gained ground on Tuesday, after OPEC’s de facto leader, Saudi Arabia, pledged to deepen production cuts in June to help drain the glut in the global market. Hence, Brent crude futures rose by 35 cents, or 1.2%, to settle at $29.98 per barrel, while the U.S. WTI crude soared by $1.64, or 6.8%, to settle at $25.78 per barrel.
read more... 13/05/2020
German states eye hydrogen use in deal with Berlin for 20GW offshore wind
Germany’s five coastal states and the federal government, together with transmission system operators (TSOs) 50Hertz, Amprion and TenneT, have agreed to raise the country’s 2030 offshore wind target to 20GW from 15GW previously envisaged.
read more... 12/05/2020