Latest news
WindEurope seeks clear policy for offshore hybrids
Trade body calls on EU to enable projects that connect into multiple power markets
read more... 18/09/2020
UK net zero needs 'immediate action' across technology, policy, behavior: Grid
London — The UK will need over 11 million electric vehicles by 2030 and 30 million by 2040 to achieve net zero greenhouse gas emissions by 2050, according to National Grid's latest future energy scenarios published July 27.
read more... 28/07/2020
SSE warns UK government over 40GW offshore wind policy
SSE Renewables has called for a series of “enabling” offshore wind policy actions from the UK government, warning that a “business as usual” approach will not deliver 40GW of installed capacity by 2030.
read more... 15/04/2020
Russian oil & gas firms plan to invest $20 BILLION in Iraq’s energy industry
Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee at the Russian Federation Council, has announced. The companies may spend up to $20 billion on oil projects in Iraq, Fyodorov said at a meeting with Iraqi Ambassador to Russia Abdul-Rahman Al-Husseini, according to Russian media.
read more... 11/02/2020
Daily (13.12.2019): British forward gas prices jumped by around 5% on Thursday following Trump’s comments related to a deal with China
Oil futures settled higher on Thursday, buoyed by the news that the U.S. and China were close to ink a deal on the ongoing trade war. However, the oil’s increase was due to a combination of macro factors: China, OPEC cuts, easy U.S. monetary policy. Brent for February delivery rose 48 cents, or 0.8% to settle at $64.20 a barrel on ICE Futures Europe Exchange. WTI crude for January ended at $59.18 per barrel, reflecting a 0.7% gain.
read more... 13/12/2019