Latest news
US wind additions to peak at 14.6 GW in 2020 - Wood Mackenzie
The US wind industry will witness the addition of a record 14.6 GW of capacity in 2020 as developers are rushing to complete their projects ahead of the planned phase-out of the federal production tax credit (PTC), Wood Mackenzie says.
read more... 13/09/2019
SSE to sell energy services unit to OVO Energy in 500 million pound deal
SSE Plc (SSE.L), one of Britain’s big six energy suppliers, said it had agreed to sell its energy services unit to OVO Group for 500 million pounds ($617.6 million), including debt, as it looks to focus on renewable energy and electricity networks.
read more... 13/09/2019
Floating wind-to-hydrogen plan to heat millions of UK homes
Project aiming to deploy 4GW, £12bn 'green hydrogen' array in the North Sea is backed by UK government
read more... 13/09/2019
Daily (13.09.2019): Welding anomalies at French nuclear reactors supported spot gas and power prices across Europe
Crude oil prices had another bearish day, after Donald Trump denied the possibility on an interim U.S.-China trade deal. Comments by OPEC+ alliance that deeper cuts would not be decided before a meeting in December and ECB’s decision to cut its deposit rate also weighed on prices. Hence, Brent crude dropped by 0.7% to close at $60.38 a barrel, while WTI futures lost 1.2% to settle at $55.09 a barrel.
read more... 13/09/2019
Daily (12.09.2019): WTI crude lost almost 3% on Wednesday, on news that U.S. might ease sanctions on Iran
Crude oil prices declined on Wednesday, as U.S. administration could ease sanctions against Iran, thereby inflate global supplies. At the same time, both OPEC and EIA slashed demand forecasts this week. Consequently, WTI crude dropped by 2.9% to $55.75 a barrel, while Brent oil decreased by 2.5% to $60.81 a barrel.
read more... 12/09/2019