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Dong targets to phase out coal-fired electricity generation by 2023
Dong is already the world’s largest offshore wind farm company, constructing over a quarter of the capacity installed worldwide. It intends to offload its operations concentrated on oil exploration and production later this year, after pulling off one of the biggest stock market listings in 2016.
read more... 06/02/2017
Daily (31.01.2016): European spot power prices surge on modest wind output, strike in France
Crude oil prices tumbled on Monday as news of another weekly rise in U.S. drilling activity worried traders that production cuts from other producing nations may not be able to slash the global supply glut as much as had been expected.
read more... 31/01/2017
Europe on course to double offshore wind capacity by 2020
Europe is on course to double its offshore wind energy capacity by 2020 after record investment last year, even though more projects should be awarded to preserve costs decreasing in the longer term, as stated by industry group WindEurope.
read more... 27/01/2017
China will make a $100 billion investment in wind power projects by 2020
China will invest over 700 billion yuan (approx. US$100 billion) in wind power facilities from 2016 to 2020, as mentioned by the National Energy Administration of China’s recent wind power expansion plan.
read more... 26/01/2017
Daily (26.01.2017): European spot electricity prices dip on stronger wind output, warmer weather
Crude oil prices tumbled less than 1 percent on Wednesday on figures showing an increase in U.S. crude stockpiles, reinforcing the view that oil prices are moving within a relatively tight range, spurred by expected OPEC production cuts, while dragged down by growing U.S. output.
read more... 26/01/2017