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Sweden fires up oil-fired generating capacity to supply high-demand Poland
Sweden has fired-up the 662-MW Karlshamn oil-fired plant to help meet Poland's power demand needs on Dec. 6, the country's grid operator Svenska Kraftnat (SvK) said Dec. 6.
read more... 07/12/2021
Endesa to invest $3.4bn to increase renewable energy capacity
Spanish electric utility company Endesa has updated its Energy Transition strategy for 2022-24, under which it plans to invest €3.1bn ($3.4bn) to increase its renewable energy capacity to 12.3GW.
read more... 29/11/2021
SSE to step up renewables development
SSE is to double its renewables capacity and invest in UK electricity networks under a new net zero strategy.
read more... 18/11/2021
Daily (16.11.2021): British gas prices increased on Monday as Russia failed to book additional transit capacity through Ukraine
Crude oil prices struggled for direction on Monday amid uncertainty whether crude supplies will increase and demand will be constrained by the recent surge in energy costs and rising COVID-19 cases. Hence, Brent crude softened by 0.2% to settle at $82.05 a barrel. At the same time, U.S. WTI crude added 0.1% to and at $80.88 a barrel.
read more... 16/11/2021
Germany's largest power producer RWE to spend $57 billion through 2030 in green power push
RWE plans to invest 50 billion euros ($57 billion) through 2030 to raise its renewable energy capacity to 50 gigawatts, Germany's largest power producer said on Monday in a strategy update ahead of its capital markets day.
read more... 16/11/2021