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Biomass takes record share of UK power mix in April

Biomass-fuelled power generation in the UK accounted for a record 8.4% share of the nation’s power mix in April, while coal-fired power output pursued its terminal decline, TSO data showed on Friday.

read more... 04/05/2020

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France’s April nuclear output plunges to record low

French nuclear output fell 16% year on year to 26.7 TWh in April, a record low for the month, amid the coronavirus crisis, preliminary TSO data showed on Friday.

read more... 04/05/2020

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Daily (30.04.2020) Brent crude soared by 10% due to a drop in U.S oil and gasoline stocks

Crude futures soared on Wednesday, stimulated by a fall in U.S crude stocks and gasoline inventories. As a result, Brent crude jumped by 10.1% to $22.54 a barrel. WTI futures ended 22% higher at $15.06 a barrel.

read more... 30/04/2020

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Demand drop to “dwarf” impact of 2008 financial crisis – IEA

A drop in global energy demand this year will likely “dwarf” the impact of the 2008 financial crisis and slash carbon emissions by 8%, the International Energy Agency said on Thursday.

read more... 30/04/2020

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Orsted to bid in 700MW Dutch offshore wind sale

Danish developer Orsted will bid for the right to develop the 700MW Hollandse Kust Noord offshore wind farm off the Netherlands at an ongoing subsidy-free auction for the site.

read more... 30/04/2020

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