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Siemens Gamesa signs 1.9GW wind turbine deals with Iberdrola
Spanish energy company Iberdrola has partnered with Siemens Gamesa on service contracts for 1,928MW of wind power projects in Spain and Portugal.
read more... 31/12/2021
Daily (01.12.2021): Oil prices tumbled to their lowest levels since end of August amid Omicron fears
Crude oil prices tumbled on Tuesday following comments by Moderna's CEO Stephane Bancel that current COVID-19 vaccinations are unlikely to be as effective against the Omicron version. Hence, Brent crude for January sank by 3.9% to settle at $70.57 a barrel. U.S. WTI crude futures ended 5.4%, lower at $66.18 a barrel. Both contracts hit their lowest levels since August 23.
read more... 01/12/2021
Daily (28.09.2021): German and French Cal’22 power contracts spiraled by 6% on Monday amid bullish gas and coal prices
Oil prices continued to climb on Monday, with Brent approaching $80 a barrel as the market remains focused on the increase in demand amid the coronavirus recovery and the tight supply from the US following the recent hurricane which limited production in the Mexican Gulf. Hence, Brent crude soared by $1.44, or 1.8%, to settle at $79.53 a barrel, having posted three straight weeks of gains. U.S. WTI crude rose by $1.47, or 2%, to settle at $75.45 a barrel, its highest level since July, after rising for a fifth straight week.
read more... 28/09/2021
Daily (08.09.2021): European front-year power contracts hit fresh all-time highs amid strong gas, coal
Crude oil futures retreated on Tuesday as Saudi Arabia’s sharp cuts in crude contract prices for Asia raised fears over slower demand, but strong Chinese economic data and U.S. output outages limited losses. Hence, Brent crude declined by 0.7% to settle at $71.69 a barrel. U.S. WTI crude lost 0.8% to end at $68.35 a barrel.
read more... 08/09/2021
Onshore wind, solar hit 8GW for UK auction shoot-out
The UK has 8GW of onshore wind and solar projects primed for the next Contracts for Difference (CfD) round, a report shows.
read more... 27/08/2021