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Iberdrola backs 49 MW of new wind via PPA with Vodafone Spain

Spanish energy giant Iberdrola SA has signed a power purchase agreement (PPA) with telecommunications operator Vodafone Espana SAU, which in part will support a 49-MW wind farm project in Spain.

read more... 18/06/2020

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The UK ‘must commit to 10GW of new nuclear to reach net zero by 2050, but costs need to fall’

A strategy without new nuclear power could put the UK Government’s net zero target at risk, according to a report

read more... 18/06/2020

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Daily (16.06.2020): NBP spot jumped by 6% on Monday amid weaker LNG supply and wind power generation

Crude oil futures turned bullish on Monday as signs of improving demand due to OPEC+ production cut agreement offset concerns that a resurgence of the virus could weigh on the global economy. Hence, Brent crude for August delivery soared by 99 cents, or 2.6%, to settle at $39.72 a barrel. At the same time, U.S. WTI crude for July delivery rose by 86 cents, or 2.4%, to end at $37.12 a barrel.

read more... 16/06/2020

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Austria shuts down last coal-fired power plant

Austria, an Alpine nation with no significant fossil fuel reserves of its own, still has more than a dozen power plants burning gas and oil.

read more... 16/06/2020

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Enel wants coal exit quickly and its hydrogen 100% green, exec says

Italian energy giant Enel SpA (BIT:ENEL) is accelerating its plans to decarbonise its global power production, exit coal and make way for more wind, solar and a hydrogen venture, which could come to life in 2021 at the latest.

read more... 15/06/2020

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