Latest news
Elgin Energy Finds Greek Partner for 76MW UK PV
Elgin Energy is partnering with the renewables and energy storage (RSD) arm of Greek company Metka EGN Mytilineos to develop 76MW of unsubsidised solar farms in the UK.
read more... 10/07/2020
Ofgem announces £25bn investment programme to transform UK’s energy networks
The proposals aim to enable the delivery of emissions-free green energy across the country and meet national net zero targets, while also maintaining high levels of service and grid reliability
read more... 10/07/2020
Iberdrola gets loans for over 2 GW of Spanish renewables
Iberdrola SA will receive EUR 800 million (USD 906.7m) in green loans from the European Investment Bank (EIB) and Instituto de Credito Oficial (ICO) for the development of over 2,000 MW of renewable energy projects in Spain.
read more... 10/07/2020
Daily (10.07.2020): U.S. WTI crude slipped below $40 on Thursday amid coronavirus concerns, swelling U.S. crude stockpiles
Crude oil futures fell on Thursday, with U.S. WTI crude slipping back below $40 a barrel as rising cases of coronavirus in the U.S. and some other countries, as well as higher U.S. stockpiles threatened to deteriorate the demand for crude. Hence, Brent crude for September delivery dropped by 94 cents, or 2.2%, to settle at $42.35 a barrel on the ICE Futures Europe. At the same time, U.S. WTI crude for August delivery decreased by $1.28, or 3.1%, to settle at $39.62 a barrel on the New York Mercantile Exchange. Both WTI and Brent on Wednesday hit their highest settlements since March 6.
read more... 10/07/2020
Daily (09.07.2020): Higher Norwegian flows led to an oversupply in the British gas system on Wednesday
Crude oil prices added momentum on Wednesday, following an increase in U.S. crude imports and a weekly decline in gasoline supplies that indicated an improvement in energy demand. Hence, Brent crude traded 0.5% higher at $43.29 a barrel. At the same time, WTI futures edged 0.7% higher at $40.90 a barrel.
read more... 09/07/2020