Latest news
Tesla applies to become UK energy provider raising hopes its giant batteries could help power the country
Tesla, the company behind the Model 3, S, X, and Y electric cars, might become an energy provider in the United Kingdom.
read more... 12/05/2020
Ukraine commissions 1st phase of 500-MW wind project
The first phase of the 500-MW wind farm complex in Zaporizhia region of Ukraine initiated operations in May 2020, a supplier for the project announced.
read more... 12/05/2020
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Daily (12.05.2020): British near-term gas prices lost ground on Monday amid a re-routing of French gas to UK
Crude oil futures started the week on the back foot, weighed down by investor fears of a second wave of Covid-19 which offset new output cuts from Saudi Arabia. Hence, Brent crude for July delivery fell by $1.34, or 4.3%, to settle at $29.63 a barrel. At the same time, U.S. WTI crude dropped by 60 cents, or 2.4%, to settle at $24.14 a barrel.
read more... 12/05/2020
Daily (11.08.2020): Oil prices turned bullish on Friday due to an increase in demand
Crude oil prices surged on Friday, as an increase in demand and a decline in U.S. oil rigs boosted prices. Brent crude rose by $1.51, or 5.1%, to $30.97 a barrel. U.S. West Texas Intermediate crude futures (WTI) gained $1.19, or 5%, to $24.74 a barrel.
read more... 11/05/2020
Europe is getting off coal even faster than expected
Across Europe, countries are making strides toward a fossil-free future. In April, Austria and Sweden closed their last coal plants—the latter nearly two years ahead of schedule—officially eliminating coal from their countries’ energy production.
read more... 11/05/2020