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Daily (11.08.2020): Oil prices started the week on a front foot amid Saudi Aramco's demand optimism, upbeat Chinese economic data
Crude oil futures were on the front foot at the beginning of the week, driven by optimistic remarks about demand from the CEO of the world's largest oil company, Aramco and positive economic data from China. In this context, Brent crude for October delivery rose by 59 cents, or 1.3%, to settle at $44.99 a barrel on ICE Futures Europe. At the same time, U.S. WTI crude for September delivery soared by 72 cents, or 1.8%, to close at $41.94 a barrel on the New York Mercantile Exchange.
read more... 11/08/2020
Polish solar capacity grows to 2.26 GW
Poland’s installed solar power capacity reached 2,261 GW on August 1, 2020, up from 882.6 MW a year ago, according to data available to the transmission system operator (TSO) PSE SA.
read more... 11/08/2020
Irish developer secures 194MW solar trio
Highfield Energy was successful with three projects in Ireland's Renewable Electricity Support Scheme auction
read more... 11/08/2020
Quicker offshore wind farm construction and geothermal mine water projects win funding
They are part of 17 projects that will receive funding of up to £500,000 each
read more... 11/08/2020
Daily (10.08.2020): NBP spot hit a new 5-month high on Friday
Oil prices declined on Friday amid uncertainty caused by negotiations over a new stimulus deal in the United States. Moreover, rising coronavirus cases could renew concerns over global fuel demand. Brent crude fell 1.5% to settle at $44.40 a barrel. Similarly, WTI lost 1.7% to end at $41.22 a barrel.
read more... 10/08/2020