Latest news
Iberdrola gets loans for over 2 GW of Spanish renewables
Iberdrola SA will receive EUR 800 million (USD 906.7m) in green loans from the European Investment Bank (EIB) and Instituto de Credito Oficial (ICO) for the development of over 2,000 MW of renewable energy projects in Spain.
read more... 10/07/2020
Daily (08.07.2020): German and French spot electricity prices at their highest levels since the end of January amid lower renewables output and nuclear availability
Crude oil futures were little changed on Tuesday as an apparent optimism that U.S. crude inventories will decline this week was overshadowed by the surge in coronavirus cases in parts of the world which continued to pressure prospects for energy demand. Hence, Brent crude for September delivery steadied at $43.08 a barrel, while the U.S. WTI crude stagnated at $40.62 a barrel.
read more... 08/07/2020
Almost half UK’s electricity generation was from renewables in the first quarter
Quarterly renewables share has never previously exceeded 40% of total electricity generation, according to the BEIS report
read more... 29/06/2020
Norway opening 2 offshore wind areas with 4.5-GW potential
The Norwegian government today announced it will be opening two areas for offshore renewables that provide the opportunity to develop a combined 4,500 MW of wind power.
read more... 15/06/2020
Daily (09.06.2020): European spot electricity prices returned at pre-lockdown levels on Monday amid higher demand, lower renewables and nuclear output
Crude oil futures lost ground on Monday despite OPEC+ cuts as traders switched their focus on the announce that top producer Saudi Arabia and Gulf producers are not willing to extend cuts after June. Hence, Brent crude for August delivery fell by $1.50, or 3.6%, to settle at $40.80 a barrel. At the same time, U.S. WTI crude shed by $1.36, or 3.4%, to end at $38.19 a barrel.
read more... 09/06/2020