Swedish energy firm Vattenfall gave the go-ahead to the Aberdeen Offshore Wind Farm in Scotland, with Swedish utility offering support to the UK’s offshore wind sector despite Brexit vote.
read more... 22/07/2016
Crude oil prices tumbled 2 percent on Thursday on U.S. government data showing growing stockpiles of gasoline and other oil products, driving total petroleum supplies in the U.S. to record highs. Brent crude lost 97 cents, or 2.1 percent, to settle at $46.20 a barrel. U.S. West Texas Intermediate (WTI) crude closed down $1, or 2.2 percent, to arrive at $44.75.
read more... 22/07/2016
E.ON and Statoil are scheduling a 60 turbine offshore wind farm for the German Baltic Sea. The $1.3 billion (€1.2 billion) wind farm, named Arkona, will be located close to the German island of Rügen.
read more... 22/07/2016
SSE, British energy supplier, one of the “Big Six” said it had lost another 50,000 electricity and gas customers over the three months ending June 30, as small suppliers are gaining market share from incumbents.
read more... 21/07/2016
EDF Energy, the major low-carbon electricity producer in the U.K., made an investment of £100,000 in a scheme to install energy efficiency measures in flood-affected homes in Cumbria in the northwest of England, as stated by the company on Tuesday.
read more... 21/07/2016