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EWE expands German wind portfolio with 28-MW purchase

Germany’s EWE Erneuerbare Energien (EWE) has acquired a 28-MW portfolio of onshore wind projects at home from Switzerland-based investor InvestInvent.

read more... 04/02/2021

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Lithuania, Poland cross-border section of new gas link laid

The gas grids of Lithuania and Poland have now been directly linked after the cross-border section of the under-construction interconnector between the two countries was laid, Lithuanian transmission system operator Amber Grid said Feb. 2.

read more... 04/02/2021

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UK power sector CO2 hits 14-month high

The carbon intensity of the UK power sector reached its highest level in over a year in January, as rising demand coincided with low wind production and restricted nuclear capacity to boost fossil-fuel generation.

read more... 04/02/2021

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Daily (03.02.2021): Oil prices soared by about 2% on Tuesday to hit their highest levels in over a year

Crude oil prices rallied on Tuesday to hit the highest settlement in over a year as OPEC+ group, which will meet later this week to review the oil market, is expected to reduce production. Hopes that the U.S. Congress will adopt the long-awaited $1.9 trillion economic stimulus package were supporting the U.S. crude benchmark. Hence, Brent crude rose $1.11, or 2%, to end the session at $57.46 a barrel. U.S. WTI crude soared by $1.21, or 2.3%, to settle at $54.76 a barrel.

read more... 03/02/2021

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UK emissions ‘fell by 44% between 1990 and 2019’

Latest stats show energy sector has decarbonised by 65.5% from 1990 but transport by just 4.6%

read more... 03/02/2021

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