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Daily (10.12.2018): German power spot price plunged by 72% on Friday due to strong wind generation

An agreement reached by OPEC, Russia and several other producers to reduce output in 2019 boosted oil prices on Friday. Brent crude surged by $1.61, or 2.7 percent, to $61.67 a barrel. WTI crude jumped by 2.2% to $52.61 a barrel.

read more... 10/12/2018

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Scottish wind power output breaks 100% output milestone

Wind output in Scotland has broken through the 100% threshold for the first time with 109% of total electricity demand being met from renewables, according to new data.

read more... 10/12/2018

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PGE seeks partners to build 2.5GW wind farms in Baltic Sea

Polish state-owned energy company Polska Grupa Energetyczna (PGE Group) has launched a search for business partners to build 2.5GW wind farms in the Baltic Sea.

read more... 07/12/2018

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Daily (06.12.2018): Gas and power prices fell on Wednesday: low demand, warm weather and strong wind generation

Oil prices slipped on Wednesday, as President Donald Trump expects steady crude flows. Brent crude price edged 0.8% lower to $62.08 a barrel. Meanwhile, WTI crude fell 0.7% to $52.89 a barrel, as losses were limited by potential cuts in oil production. 

read more... 06/12/2018

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Vestas bags 106-MW wind turbine order in Greece

Denmark’s Vestas Wind Systems A/S said today it will supply and install 106 MW of wind turbines across several sites in Greece as part of a single order from an unnamed customer.

read more... 06/12/2018

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