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‘Hydrogen is the rockstar of the energy system’

The European Commission has pledged to support the installation of at least 6GW of renewable hydrogen electrolysers in the EU by 2024

read more... 09/07/2020

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Gulf Energy buys German wind farm

Gulf Energy Development has acquired Germany's Borkum Riffgrund 2 (BKR2) offshore wind farm, worth more than 19 billion baht, in a move to expand its renewable energy business in Asia and Europe this year.

read more... 08/07/2020

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Daily (07.07.2020): The German Cal’21 power climbed to a 20-week high on Monday, keeping the pace with EUAs above 30 Eur

Crude oil futures edged higher on Monday, supported by a string of data showing an economic recovery across the globe and amid improving OPEC+ compliance. However, oil continued to be pressured by the surging coronavirus cases. Hence, Brent crude from September delivery rose by 0.7%, or 30 cents, to settle at $43.10 a barrel. At the same time, U.S. WTI crude settled at $40.63 a barrel, up 1% day-on-day.

read more... 07/07/2020

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Daily (02.07.2020): EUAs soared briefly above the €28-level on Wednesday, to hit 11-month highs amid speculative buying

Crude oil futures gained ground on Wednesday amid a massive drawdown in U.S. crude stockpiles, suggesting that demand is improving. However, the surge in new coronavirus cases limited the market’s upside. Hence, Brent crude for September delivery rose by 88 cents, or 2.1%, to settle at 42.03 a barrel. At the same time, U.S. WTI crude gained 55 cents, or 1.4%, to end at $39.82 per barrel.

read more... 02/07/2020

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German utility E.ON to invest over 375 mln euro in Romania by 2023

German utility E.ON said on Tuesday it plans to invest about 375 million euro ($422.5 million) in Romania during the period 2020-2023, through its two local subsidiaries Delgaz Grid and E.ON Energie Romania.

read more... 01/07/2020

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