North Rhine-Westphalia, the German state which hosts utilities RWE AG and EON SE and has one-third of Germany’s installed conventional power capacity, is losing its status as the country’s powerhouse as wind and solar energy begin to eclipse conventional sources.
read more... 14/05/2015
PGE, the largest power producer in Poland and gas grid operator Gaz-System will cooperate to jointly develop the country's first power-to-gas conversion facility, which will turn the electricity produced at wind farms into gas.
read more... 13/05/2015
Geothermal, solar and wind power plants provided an amount of 19.2% in the Italian electricity mix in April 2015, according to statistics by Italy’s grid operator Terna SpA. This represents a 2% increase against April 2014.
read more... 11/05/2015
Crude oil receded 3 percent on Thursday as strengthening dollar slashed gains from the past two sessions. North Sea Brent crude declined $2.23, or 3.3 percent, to settle at $65.54 a barrel. Brent posted a 1.6% weekly loss. U.S. crude fell $1.99, or 3.3 percent, to close at $58.94 a barrel.
read more... 08/05/2015
Germany is on the track to surpass the UK as top offshore wind installer this year, according to new figures from GlobalData.
read more... 07/05/2015