Latest news
Daily (08.08.2023): Germany recorded seven hours of negative power with a low of -9.99 EUR /MWh amid elevated wind output
Crude oil prices fell on Monday as a result of reduced demand for gasoline in the US, following the end of the summer driving season. Furthermore, the expansion of Chinese strategic oil reserves added downward pressure on prices. Thus, Brent crude dropped by 1.1% to end at $85.34 a barrel. Meanwhile, U.S. WTI crude declined by over 1% to settle at $81.94 a barrel.
read more... 08/08/2023
.jpg)
New Zealand is partnering with BlackRock in aim to reach 100% renewable electricity
New Zealand's government said Tuesday it will partner with U.S. investment giant BlackRock in its aim to become one of the first nations in the world to have its electricity grid run entirely from renewable energy.
read more... 08/08/2023
BP Plans To Build First Subsidy-Free Offshore Wind Farms
BP plans to build two offshore wind farms in the Irish Sea without entering government schemes for support, The Times reported on Monday, in what could be the first subsidy-free offshore wind projects ever.
read more... 08/08/2023
UK is building Europe's first lithium refinery that could power up to a million electric cars
The UK is building Europe’s first and largest lithium refinery to produce the much-sought-after material.
read more... 08/08/2023
Daily (07.08.2023): Oil prices extended gains on Friday after Saudi Arabia extended its production cuts until September
Oil prices climbed further on Friday, driven by tight supplies, as Saudi Arabia extended its cuts in production until September, while Russia followed its lead. Hence, Brent crude increased by 1.3% to $86.24 a barrel, while WTI crude advanced by 1.6% to settle at $82.82 a barrel.
read more... 07/08/2023