Latest news
Vestas prepared to produce blades for major wind turbine from next year
Denmark's Vestas will be set to begin producing blades next year for its biggest ever wind turbine, which is still experiencing tests, as stated by the company on Wednesday.
read more... 13/11/2014
British wind farms compensated by National Grid to stand idle
British wind farms were remunerated by a record amount of £ 43,000,000 to stand idle so far this year because they were generating more power that National Grid could cope with.
read more... 12/11/2014
Verbund nine-month profit drops by 86%
Austrian utility Verbund registered a decline of 86 percent in group profit for the first three quarters of 2014 to 63.8 million euros ($81.3 million) because of decreasing electricity prices, reduced water supply and impairment losses on its Romanian wind farms.
read more... 29/10/2014
Daily: European spot power prices rally on forecasts for a sharp fall in German wind power output
Crude oil prices dropped considerably on Wednesday, with U.S. crude nearing $80 a barrel after data showed a second sharp increase in weekly U.S. crude inventories. Brent crude for December delivery slipped $1.51 to settle at $84.71 a barrel, while WTI crude decreased by $1.97 or 2.5 percent to close at $80.52 a barrel, just above the session low of $80.28.
read more... 23/10/2014
Wind power could hit 2,000 GW by 2030
Installed wind power could hit 2,000 GW globally by 2030 and could meet up 19% of electricity demand, according to a report performed by a trade association and Greenpeace.
read more... 22/10/2014