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RWE Renewables grows pipeline to 20GW

RWE Renewables has grown its clean energy pipeline to around 20GW in the first few weeks after completing its acquisition of Innogy and E.on's portfolios, the developer announced.

read more... 15/11/2019

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Total seeks to sell stake in major Nigerian offshore block

Total is seeking to sell its 12.5% stake in a major deepwater oilfield off the coast of Nigeria, industry and banking sources said, in an effort to adjust the energy company’s Africa portfolio amid a broad expansion.

read more... 07/11/2019

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Daily (30.09.2019): European spot power prices seen in a sharp fall on Friday due to strong supply

Crude oil prices lost ground on Friday, after media reported about a potential reduction of the U.S. investment portfolio into China, raising prospects of an aggravation of the U.S.-China trade tensions. Further pressure came from a contraction in the profits earned by Chinese industrial companies in August. In addition, Saudi Arabia’s strong efforts to bring its oil output back on track sooner than expected continued to weigh on prices. Brent crude fell by 1.3% to $61.91 a barrel, while WTI futures inched down by 0.9% at $55.91 a barrel.

read more... 30/09/2019

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SDCL to buy 125-MW of Spanish CHP, biomass assets

UK investment firm SDCL Energy Efficiency Income Trust plc said today it has agreed to buy a 125-MW portfolio of combined heat and power (CHP) and biomass plants in Spain.

read more... 20/09/2019

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Belgian capacity market will lead to oversupply – Anode

Belgium’s plans to launch a capacity market could lead to an oversupplied system, which will hurt profitability for new and existing power plants, said Anode Energie portfolio manager Kris Voorspools.

read more... 17/09/2019

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