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German gas caverns not far off winter targets at 79% full

Germany's natural gas caverns, at just over 79% capacity, are not far off legally-required filling levels for the coming 2024/25 winter, an industry executive said.

read more... 27/06/2024

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RWE secures planning permit for 660MW Nordseecluster A

RWE has secured planning approval for its 660MW Nordseecluster A offshore wind project in Germany from the Federal Maritime and Hydrographic Agency.

read more... 27/06/2024

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Daily(26.06.2024) : Higher gas and carbon prices lent support to year-ahead power prices on Tuesday

Oil price fell on Tuesday as bearish market fundamentals put pressure on prices. Brent crude decreased by over 1% to $85.01 a barrel and WTI crude fell by 1 % $80.83 per barrel, despite rising geopolitical tensions.

read more... 26/06/2024

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VW Group, Rivian forming joint venture for EV software; VW commits $5 billion

Volkswagen Group and Rivian are forming a joint venture to create what the companies are calling next-generation electrical architectures and software technology.

read more... 26/06/2024

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Negative bids 'burden offshore wind'

Inclusion of negative bidding in recent offshore wind auctions held by Germany and the Netherlands is “putting unnecessary additional pressure” on offshore wind developers, according to WindEurope.

read more... 26/06/2024

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