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Dong Energy valued at $15bn in Europe’s biggest listing
Dong Energy, the Danish company that owns offshore wind farms around the UK, was valued at $15bn, confirming its place as one of the leading players in the European energy market.
read more... 10/06/2016
IEA sees reduced global gas demand increase to 2021
Increase in natural gas demand will reduce to an average 1.5 percent a year worldwide through 2021, since stagnation in Europe and doubts about Chinese consumption offsets robust growth in India, as stated by the International Energy Agency (IEA) on Wednesday.
read more... 09/06/2016
TenneT launches the second tranche Green Bonds for offshore wind connections
European electricity transmission system operator (TSO) TenneT successfully launched its second Green Bond worth €1bn for investing in the transmission of renewable electricity from offshore wind farms to the onshore electricity grid.
read more... 09/06/2016
Daily: European spot electricity prices firm, while forwards decline tracking weaker coal
Crude oil futures boosted on Wednesday, attaining 2016 highs above $50 a barrel and closing up for a third consecutive day on worries about sabotage oil facilities in Nigeria, although an increase in U.S. gasoline inventories amid peak summer demand could drag down prices. Brent crude rose by $1.07 to end at $52.51 a barrel. It prolonged gains in post-settlement trade, hitting $52.60 a barrel by 3:55 p.m. EDT (1955 GMT), and the highest level since October. WTI crude futures climbed 87 cents, or 1.7 percent, to close at $51.23 a barrel. The session peak was $51.34, the highest level since July.
read more... 09/06/2016
Financial deal on 252MW offshore wind farm in Germany expected next year
Van Oord and Highland Group Holdings have decided to develop, fund and construct the 252MW Deutsche Bucht offshore wind farm in Germany.
read more... 08/06/2016