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Germany's power export surplus narrowed 11.7% in H1 -data

Germany reduced its traditional net electricity surplus by 2.8 TWh or 11.7% in the first half of 2019 compared with the same 2018 period due to fuel and carbon price effects, industry data showed on Tuesday.

read more... 31/07/2019

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UK leads offshore wind installations in Europe in 2019

The UK led the installations of offshore wind turbines in Europe in the first half of 2019.

read more... 31/07/2019

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Daily (30.07.2019): NBP spot dropped by 2.4% on Monday, due to stronger Norwegian flows and weak demand

Crude oil prices inched up on Monday, amid expectations that U.S. Federal Reserve might lower the borrowing costs this week for the first time in over a decade. Ongoing supply concerns around the Strait of Hormuz also supported prices. Still, on demand side, reduced hopes for a trade deal between the U.S. and China before the 2020 U.S. election, limited gains. As a result, Brent crude traded 0.4% higher at $63.71 a barrel, while WTI futures climbed by 1.2% to $56.87 a barrel.

read more... 30/07/2019

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Equinor makes small oil discovery at Utsira High in North Sea

The small oil discovery has been made in the Lille Prinsen Outer Wedge well, located about 1km west of Lille Prinsen Main, where oil was discovered in 2018.

read more... 30/07/2019

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SSE opens Scotland's largest offshore wind farm

The renewables unit of UK utility SSE plc announced today the official opening of the 588-MW Beatrice offshore wind farm in the Outer Moray Firth, Scotland.

read more... 30/07/2019

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