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The boost of low-cost renewables changes EU energy expectations for 2030
The accelerated fall in wind and solar energy costs, and flexible demand technology could substitute more than 50% of coal and gas generated electricity in Europe by 2030, as indicated in a recent research published on Tuesday.
read more... 21/11/2017
Bosnia inks a 60-million-euro loan agreement with KfW bank for Hrgud wind farm
Bosnia's finance minister Vjekoslav Bevanda inked an agreement with German development bank KfW on Wednesday to financially back the construction of the Hrgud 48 MW wind farm. The loan is estimated at 60 million euros ($69.6 million).
read more... 21/11/2017
Daily (21.11.2017): German spot electricity prices surged on lower wind power supply and higher demand
Oil prices dropped on Monday, prolonging losses ahead of next week's OPEC meeting, while stronger dollar hurt commodities across the board. Brent crude futures fell 50 cents or 0.8 percent to close at $62.22 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures settled 13 cents or 0.2 percent down at $56.42. Oil has been under pressure for the last two weeks since peaking in early November.
read more... 21/11/2017
252 chargers for electric vehicles until 2020 will be provided within NEXT-E project
NEXT-E project will supply 222 fast (50 kW) and 30 ultra-fast (150-350 kW) chargers for electric vehicles for Czech Republic, Slovakia, Hungary, Slovenia, Croatia and Romania by the end of 2020, as reported by Balkan Green Energy News.
read more... 20/11/2017
Luxembourg to become a European funding center for renewables
At the COP23 summit held in Bonn, Luxembourg’s finance and environment ministers met directors of the European Investment Bank to discuss about the institution of a de-risking mechanism to allow the financial backing of ecologically-friendly projects. Luxembourg is a very small country but releases a big amount of emissions and wants to become less polluting.
read more... 20/11/2017