Latest news
Renewables bring 47% of Germany's power in 2020
Germany’s renewable power plants accounted for 47% of Germany’s overall power generation mix in 2020, up from 42.3% a year back, new statistics show.
read more... 08/03/2021
Daily (05.03.2021): Oil prices soared by 4% on Thursday following the positive conclusion of the OPEC+ summit
Crude oil prices strengthened significantly on Thursday, as OPEC+ summit members concluded on a marginal increase in petroleum production. As a result, Brent oil and WTI crude both surged by 4.2% to trade at $66.74 a barrel and $63.83 a barrel, respectively.
read more... 05/03/2021
Hidroelectrica eyes hydrogen project with Verbund
The project hopes to produce 80,000 t/yr of green hydrogen from renewable generation sources and transport the hydrogen to offtakers in central and western Europe.
read more... 05/03/2021
Hungary brings coal exit forward by five years
The country’s last coal power plant will be shut down in 2025 instead of 2030, Hungary’s secretary of state for EU affairs announced earlier this week.
read more... 05/03/2021
China to speed up tapping new energy sources, but coal stays in mix
China set a modest five-year growth target on Friday for its nuclear power generation capacity and promised quicker development of alternative energy sources as it seeks to cut its carbon footprint, but left its coal industry largely untouched.
read more... 05/03/2021