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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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Daily (08.07.2020): German and French spot electricity prices at their highest levels since the end of January amid lower renewables output and nuclear availability

Crude oil futures were little changed on Tuesday as an apparent optimism that U.S. crude inventories will decline this week was overshadowed by the surge in coronavirus cases in parts of the world which continued to pressure prospects for energy demand. Hence, Brent crude for September delivery steadied at $43.08 a barrel, while the U.S. WTI crude stagnated at $40.62 a barrel.

read more... 08/07/2020

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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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RWE wraps up acquisition of Innogy's renewable energy ops

German energy major RWE AG said on Wednesday that its complex asset-swap with rival E.on SE is now fully completed, creating a massive renewable energy business.

read more... 03/07/2020

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Statkraft to begin operations at hydropower plant in Albania

Renewable energy generating company Statkraft announced this week that its Moglice hydropower plant in Albania will began commercial operations, delivering renewable power to the Albanian grid.

read more... 02/07/2020

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