Latest news
London Mayor launches solar auctions to make cleanest city on Earth
London Mayor Sadiq Khan has ambitions to turn London into the greenest city by widening the capital’s solar energy generation capacity through city-wide auctions.
read more... 17/08/2017
Nigeria state oil firm drives production price of oil barrel from $29 to $23
Nigeria announced that it has reduced the production cost per barrel of crude oil from $29 last month to $23. The cut in price follows complaints about the price of the barrel being the highest in the world.
read more... 17/08/2017
Innogy enters Irish market, buys wind farm
The German company Innogy has purchased a wind farm in County Kerry, Ireland, thus entering the Irish market. The value of the acquisition of the Dromadda Beg wind farm has not been disclosed, but it is known that it will operate three wind turbines with a 10.2 MW capacity, which received planning approval in May 2014.
read more... 16/08/2017
The energy market in the North of England might be threatened by a hard Brexit
According to think tank IPPR North, the lack of a stable deal made on energy trade and the withdrawal from Euratom could have a negative impact on the North of England, its energy security and fuel prices in the events of a hard Brexit.
read more... 16/08/2017
Daily (16.08.2017): Most of the UK wholesale gas prices slipped by 1-2% on Tuesday due to oversupplied system
Oil prices decreased during the first half of Tuesday’s trading session as ample supply from OPEC and the U.S. combined with the signs of weaker demand in China encouraged investors to sell long positions bought in July during a period of rising prices. Meanwhile, a recent report of a dip in Libyan output and a surge in the U.S. dollar had supported Brent. Brent closed the session 7 cents higher at $50.80 a barrel, while WTI price fell by 0.08% to end at $47.55 a barrel.
read more... 16/08/2017