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First stage of British energy storage investment initiated

The first stage of the 246-million-pound investment into energy storage will be launched today by British MP Greg Clark.

read more... 24/07/2017

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Daily (24.07.2017): Oil prices fell by 2.5% on Friday on a rise in the OPEC’s oil production

Oil prices were bearish on Friday after a consultancy report forecast a rise in OPEC production for July. Meanwhile, traders are looking ahead to Monday's meeting of several ministers from OPEC and non-OPEC members in Russia. Brent crude fell by 2.52% to $48.06 a barrel, while WTI price declined by 2.45% to close at $46.92 a barrel.

read more... 24/07/2017

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Germany predicts 900 MW of new offshore wind in 2017

Germany connected 626 megawatts (MW) of newly constructed offshore wind capacity to power grids in the first semester of this year and hopes to see total installations of 900 MW in the entire year, as stated by five industry groups in a joint statement on Thursday.

read more... 21/07/2017

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Japan's Mitsui will vend stake in UK's First Hydro

Japanese trading house Mitsui & Co declared on Friday it has decided to vend its entire 25 percent stake in UK hydro power company First Hydro to Brookfield Renewable Partners L.P. for over 5 billion yen ($45 million).

read more... 21/07/2017

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Daily (21.07.2017): EU carbon prices decreased by 1.5% on Thursday, but still at a 3 month-high

Oil prices dropped on Thursday on rising output from the U.S., Libya and Nigeria before the meeting of major oil producers, expected to be held in Russia on Monday. Brent crude tumbled by 0.8% to end at $49.30 a barrel, while WTI price declined by 0.42% to close at $46.92 a barrel.

read more... 21/07/2017

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