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ScottishPower Renewables and Siemens agree UK’s largest offshore wind power contract
ScottishPower Renewables and Siemens have unveiled a transaction that is poised to be largest offshore wind contract yet seen in Europe, after signing a deal that will see the German engineering major providing 102 turbines to East Anglia ONE project.
read more... 28/04/2016
Daily: European spot power prices evolved differently, French prices spurred by weak renewables
Crude oil boosted 4 percent on Wednesday after a small-than-expected increase in U.S. crude stockpiles that offset oversupply worries caused by the end of Kuwait strike and on prospects that oil majors would meet again to try to reduce oil production. Brent's front-month contract rose $1.77, or 4 percent, to settle at $45.80 a barrel. It had plunged to a session low of $42.81. U.S. crude's front-month contract, for May delivery, which expired at Wednesday's settlement, climbed $1.55, or 3.8 percent, at $42.63 a barrel. The session low was $39.85.
read more... 21/04/2016
Norway to quit renewables subsidy program by 2021
Norway is set to end its renewable energy subsidy scheme to new entrants in 2020 and 2021, as it aims to spur competition in developing power lines to other countries the government declared on Friday.
read more... 18/04/2016
Global renewables developed at fastest rate on record in 2015
Renewable energy generation capacity rose by 8.3 percent last year to 1,985 gigawatts worldwide, the fastest yearly rate on record, as indicated by data from the International Renewable Energy Agency (IRENA) on Thursday.
read more... 08/04/2016
Daily: Electricity spot prices increase on robust demand and decline in renewables
Crude oil prices declined about 3 percent on Tuesday, mirroring intensifying concerns that a two-month hike vanished as demand fails to keep pace with oversupply, including new output from Kuwait and Saudi Arabia. Brent crude eased $1.13 to settle at $39.14 a barrel, while U.S. crude lost $1.11 to close at $38.28 per barrel.
read more... 30/03/2016