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Daily: Europe power spot prices tumble on firmer wind power supply
Crude oil prices tumbled as much 1 percent for a second consecutive day on Tuesday as an increasing dollar and a global fuel oversupply offset forecasts for weaker U.S. crude inventories. Brent crude eased 30 cents, or 0.6 percent, to close at $46.66 barrel. It lost 1.4 percent on Monday. U.S. crude West Texas Intermediate (WTI) crude declined 59 cents, or 1.3 percent, to end at $44.65. WTI fell 1.6 percent in the previous session. It posted the lowest settlement since May 9, when oil settled at $43.44. Brent's premium to WTI hit its highest level since the end of April, boosting the export potential for U.S. crude.
read more... 20/07/2016
Spaniards will provide 86MW in four countries counting initial Dutch agreement
Gamesa has obtained orders to provide 83MW of its turbines at six wind farms in France, Italy, Greece and the Netherlands.
read more... 18/07/2016
Daily: German power spot prices dropped on high wind load
Oil markets decreased by more than 4 percent on Wednesday, cutting most of the previous session's gain, since a raft of bearish U.S. inventory data intensified worries about a global surplus.
read more... 15/07/2016
New 80 MW wind farm comes online in Northern Cape region
New wind farm became operational in the Northern Cape region on July 11, with all 35 turbines at the R1.9-billion 80 MW Noupoort facility connected to the Eskom grid.
read more... 14/07/2016
Daily: European spot power prices climb on weak wind supply outlook
Crude oil prices hiked 5 percent on Tuesday, the largest daily gain since April, as investors’ covering of short positions and a technical recovery helped to rebound the market from two-month lows. U.S. crude's West Texas Intermediate (WTI) futures rose $2.04, or 4.6 percent, to settle at $46.80 a barrel. Brent crude futures increased $2.22, or 4.8 percent, to close at $48.47.
read more... 13/07/2016