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Daily (28.06.2017): Oil prices jumped by around 2% on Tuesday
Oil prices soared for a fourth consecutive session on Tuesday supported by a weaker dollar. Also, short-term financial investors scaled back their net long positions in Brent on the ICE at their lowest level in a year and a half.
read more... 28/06/2017
EU ministers have reached compromise on 2021 energy saving targets
The EU promised to take the lead on climate after US President Donald Trump withdrew the country from the Paris Agreement. EU ministers took the first step on Monday, reaching mutual understanding towards implementing the Paris Agreement on lowering carbon emissions and limiting the effects of the global warming.
read more... 28/06/2017
Wind industry - a new generation of colossal 300m turbines
Wind farm operators are seeking for a new generation of colossal wind turbines, taller than many skyscrapers, as they want to remain profitable after EU cancels subsidies, that have ruled the green industry since the 1990s. The main countries of the EU offshore wind industry - Denmark, Germany, the Netherlands, and UK - are looking to gradually reduce contributions over the next decade. Subsidies still account for almost 50% of EU wind projects' income.
read more... 28/06/2017
Greece natural gas grid operator DESFA is on sale again
Greece’s privatization agency declared on Monday that the country relaunched a tender for the sale of 66% stake in DESFA natural gas grid operator.
read more... 27/06/2017
ASN report suggests EDF may have to replace Flamanville reactor cover in few years
According to ASN report, the lid of the Flamanville reactor vessel, currently under construction by France’s EDF, may not be able to operate more than a few years, needing to be replaced after its scheduled start-up in 2018.
read more... 27/06/2017