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Ørsted to install Tesla battery storage system at Hornsea 3

Danish energy developer Ørsted has announced that it will install a Tesla battery storage system at its Hornsea 3 wind farm off the coast of East Anglia, UK.

read more... 14/06/2024

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Daily (13.06.2024): Oil prices rose by 1% on Wednesday amid forecasts for demand growth

Oil prices increased on Wednesday as the market mainly responded to optimistic forecasts for global oil demand growth from the U.S. Energy Information Administration (EIA) and OPEC. Despite an unexpected rise in U.S. inventories and a hawkish statement from the U.S. Federal Reserve, Brent crude closed at $82.60 per barrel, while WTI crude reached $78.50, both contracts rising by 1% day-on-day.

read more... 13/06/2024

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Netherlands awards 4GW offshore wind development permits

The government of the Netherlands has announced the award of permits for a 4GW offshore wind farm development off the country’s west coast.

read more... 13/06/2024

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EU to impose new tariffs of up to 38% on Chinese electric vehicles

The European Commission notified automakers on Wednesday that it would apply additional duties of up to 38.1 percent on imported Chinese electric vehicles starting next month.

read more... 13/06/2024

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French renewable energy sector says far-right victory risks trouble for industry

The French renewable energy sector is bracing for a sharp slowdown in wind and solar projects if the far-right wins a majority in upcoming elections, just as new legislation was expected to boost the industry in nuclear-dominant France.

read more... 13/06/2024

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