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Brussels opens in-depth investigation into Germany’s coal phase-out plan

The German Bundestag sealed an agreement in June last year to compensate RWE and LEAG with €4.35 billion for closing the country’s last remaining coal plants and mining operations by 2038.

read more... 03/03/2021

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Daily (29.01.2021): German Cal’22 power price hovered around 50 EUR/MWh on Thursday amid a bullish energy complex

Oil prices edged down on Thursday, as uncertainty over the global economic recovery due to soaring COVID-19 infections counterweighed falling U.S. crude inventories. Hence, Brent crude lost 0.5% to close at 55.53 dollars a barrel. Meanwhile, U.S. WTI crude declined by 51 cents, or about 1%, to settle at $52.34 a barrel.

read more... 29/01/2021

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Norway's NBT, Belgium's WV to build wind farms with 800 MW total capacity in Serbia

Norwegian utility-scale wind power developer NBT entered a partnership with Belgium-based WV International, former Windvision, to develop wind projects with a combined capacity of 800 MW in Serbia by 2026, the two companies said on Tuesday.

read more... 20/01/2021

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RWE to develop four onshore wind farms in France and Poland

Three of the wind farms will be located in France and one in Poland and will have a total installed capacity of 76MW

read more... 18/01/2021

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RWE to sell 65 MW of French, Portuguese renewables to Kelag

German energy major RWE AG (ETR:RWE) announced it is divesting 65 MW of renewable power plants to Austrian energy utility Kelag.

read more... 13/01/2021

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