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Statoil targets Japan and U.S. for floating wind development
Norwegian oil company Statoil is eyeing Japan and the U.S. states of California and Hawaii to enlarge its floating offshore wind turbine business, the manager of its New Energy Solutions business told Reuters.
read more... 07/06/2017
Daily (05.06.2017): European spot electricity prices fell 14-16% on Friday
Oil prices plunged on Friday, on fears that U.S. President Donald Trump's decision to exit a climate pact could cause more crude drilling in the United States, worsening a global glut.
read more... 05/06/2017
Norway: Statnett obtains 0.3 bln euro loan from EIB for electricity cable to Germany
Norway's grid operator Statnett obtained a 300 million-euro ($336.33 million) loan from the European Investment Bank to finalize its electricity cable to Germany, according to the company on Friday.
read more... 02/06/2017
Daily (31.05.2017): European power curve prices hit their peak in three months on Tuesday
Oil prices plunged by around 1% on Tuesday, on signs of resurgent crude production in Libya and worries that extended output cuts might not be sufficient to drain a global glut.
read more... 31/05/2017
Global carbon prices should increase to meet Paris climate goal
The cost of releasing carbon dioxide should increase to $50-$100 per tonne by 2030, much higher than the current price in Europe of less than $6, if countries want to meet climate pledges made under the Paris Agreement, according to economists on Monday.
read more... 30/05/2017