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Swiss plan hydropower reserves, back-up plants to ensure lights stay on
Switzerland plans new hydropower reserves and two or three back-up power plants after officials warned the country would be without power for nearly two days in a worst-case scenario if it does not strike an electricity deal with the EU.
read more... 18/02/2022
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Enel inks solar tracker deal with Comal as part of plant reconversion plans
Enel has reached a deal with Italy's Comal to install a solar tracker factory at a giant power plant it is converting into a green energy hub as part of plans to cut its carbon footprint.
read more... 18/02/2022
Daily (18.02.2022): Oil prices fell by about 2% on Thursday amid hopes of more Iranian oil supply
Crude oil prices corrected lower on Thursday amid signs of progress in talks in Vienna to resurrect the Iranian nuclear deal that could pave the way for more crude exports from Iran. Hence, Brent crude fell by $1.84, or 1.9%, to settle at $92.97 a barrel. U.S. WTI crude dropped by $1.90, or 2.0%, to settle at $91.76.
read more... 18/02/2022
Daily (09.02.2022): European spot electricity prices spiked on Tuesday amid French nuclear output cut
Oil prices extended losses on Tuesday as the progress of nuclear deals between Washington and Tehran could result in more Iranian oil supply on the market. Hence, Brent crude fell by $1.91, or 2.1%, to settle at $90.78 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude dropped by $1.96, or 2.1%, to settle at $89.36.
read more... 09/02/2022
Austria plans 1.7 billion euro package to cushion energy price rises
Austria is introducing a 1.7 billion euro ($1.9 billion) package of measures to help households deal with rising energy costs, Chancellor Karl Nehammer said on Friday.
read more... 31/01/2022