Latest news
Daily (29.04.2020): Brent recovered by 2.4% on Tuesday, driven by gradual restart of economic activity
Crude oil futures varied on Tuesday, with U.S. WTI crude declining by 44 cents, or 3.4%, to settle at $12.34 a barrel, as investors worried about the depleting crude storage space amid a sluggish demand.
read more... 29/04/2020
Daily (28.04.2020): WTI crude plunges by 25% amid concerns over storage
Crude oil futures crashed on Monday amid signs that the worldwide oil storage is filling rapidly, increasing worries that production reductions will not come fast enough to fully offset the collapse in demand due to the coronavirus pandemic. Hence, Brent crude fell by $1.45, or 6.8%, to settle at $19.99 a barrel. At the same time, the U.S. WTI crude plunged by $4.16, or 24.6%, to end at $12.78 a barrel
read more... 28/04/2020
Total to Build the Largest Battery Energy Storage Project in France
The development of renewable energy that is intermittent and decentralized requires the security of the electricity grid through flexible electricity storage capacities, especially in the form of batteries.
read more... 13/03/2020
Grid-Scale Batteries to Provide Balancing Services for Largest Transmission-Connected Storage Network
Pivot Power, an EDF Renewables company specializing in battery storage and infrastructure for electric vehicle charging, has placed an order with technology group Wärtsilä to deliver 100 MW of energy storage in the UK.
read more... 26/02/2020
EDF Renewables launches an innovative storage solution for businesses in Germany
EDF Renewables is offering an innovative storage solution for Commercial and Industrial (C&I) clients in Germany.
read more... 24/02/2020