Latest news
EU finances compressed air energy storage project in Northern Ireland
EU member states have authorized a €90 million grant for a compressed air energy storage project in Larne in Northern Ireland.
read more... 20/02/2017
Daily (01.02.2017): British spot gas prices gain ground on Rough storage outage
Crude oil prices gained ground on Tuesday as the U.S. dollar depreciated and on the news that largest producers in the world reduced output this month more than forecasters had expected.
read more... 01/02/2017
EDF Energy Renewables sign a deal for battery storage project in the UK
Energy Renewables has inked an agreement with Nidec ASI to construct a 49MW battery storage project for the UK’s National Grid.
read more... 30/01/2017
Germany’s Bundestag approves nuclear waste deal with four utilities
An overwhelming majority in Germany's lower house of parliament has approved a new law on Thursday which will oblige country’s top utilities pay into a 23.6 billion-euro ($24.8 billion) state fund from next year in return for shifting the liability for nuclear waste storage to the government.
read more... 16/12/2016
Daily: Crude oil losses 3% on firmer dollar after Fed’s decision to hike interest rates
Crude oil prices fell more than 3 percent on Wednesday as the dollar strengthened after the U.S. Federal Reserve’s decision to hike interest rates and after an increase in crude stockpiles at the largest U.S. storage hub renewed worries about a supply glut. Brent crude futures ended at $53.90 per barrel, down $1.82, or 3.27 percent after slipping as low as $53.80. U.S. crude closed the session down $1.94, or 3.66 percent at $51.04 per barrel after hitting a low of $50.92.
read more... 15/12/2016