Latest news
Global renewable energy investment reduced despite offshore wind record year
Despite a record year for offshore wind finance, new global investment in renewable energy dropped by 18% last year to $287.5 billion, according to recent research.
read more... 13/01/2017
Swiss ABB to bolster Indian power grid by integrating wind, thermal energy
Swiss transformer maker ABB has secured a USD 640 million contract for a 1,830-km (1,137-mile) power link in India for connecting thermal and wind power plants with the growing urban areas of the country.
read more... 12/01/2017
UK: wind production surpassed coal last year
Last year, UK produced more electricity from wind farms than from coal-fired power plants for the first time ever.
read more... 09/01/2017
Vattenfall plans to expand UK offshore wind farm
Swedish energy firm Vattenfall intends to expand its 300-megawatt Thanet offshore wind farm off the coast of Kent in southern England, as it stated, after abandoning the idea in 2010 because of grid constraints.
read more... 06/01/2017
Daily (05.01.2017): German spot electricity contract surges 85% on cold snap, decrease in wind supply
Crude oil prices rebounded about 2 percent on Wednesday on expectations that U.S. crude stockpiles will decline and on signs that the world's top oil exporters will cut the output as agreed, move that took effect this week. Global benchmark Brent crude futures boosted 99 cents, or 1.8 percent, to close at $56.46 a barrel. U.S. West Texas Intermediate crude futures rose by 93 cents to settle at $53.26 a barrel, also a 1.8 percent gain.
read more... 05/01/2017