Latest news
Azores island installs giant battery energy storage system
The Gridstack system will have a power capacity of 15MW and will enable an increased share of renewable energy while limiting the consumption of fossil fuels
read more... 08/09/2020
Daily (07.09.2020): WTI spot dipped by around 4% on demand concerns
Oil prices tumbled on Friday, as Covid-19 crisis continues to weigh on oil consumption at a time when OPEC group and its allies are easing historic output cuts. Hence, Brent crude for November delivery fell by 3.2% to settle at $42.66 a barrel. While, WTI crude traded 3.9% lower at $39.77 a barrel.
read more... 07/09/2020
Daily (31.08.2020): European carbon prices jumped to nearly €30 on Friday amid French nuclear outages
Oil prices ended slightly lower to flat on Friday as Hurricane Laura, which hit the U.S. Gulf Coast, caused less damage than feared on refineries, allowing infrastructure to start the recovery process. Hence, Brent crude stagnated at $45.05 a barrel, while U.S. WTI crude lost 0.2% to end at $42.97 a barrel. However, on a weekly basis, Brent and WTI rose by 1.5% and 1.6% respectively, as investors shifted their focus from the storm toward the fragile rebound in consumption amid the pandemic.
read more... 31/08/2020
UK’s OVO signs tech sharing deal with energy giant Eni
Under the deal, Eni gas e luce will use the Kaluza digital platform used by OVO, which allows suppliers to see real time data on customer energy consumption
read more... 27/07/2020
Vattenfall gives green light to ‘world’s largest offshore wind project’
The facility could produce enough electricity to cover the annual consumption of more than two million Dutch households.
read more... 08/06/2020