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EC clears EDF, GIG acquisition of French solar biz with 2.4-GW portfolio
The European Commission (EC) has greenlighted the proposed majority acquisition of France-based agrivoltaic specialist Green Lighthouse Development (GLHD) by EDF Renouvelables and Lumani Energy Ltd.
read more... 16/08/2021
EU funded research seeks to speed up drilling for deep geothermal
Deep geothermal reservoirs are being targeted for renewable energy supply worldwide. However, while international research efforts are stepping up to the challenge of overcoming the low efficiency of heat recovery from depth to the surface, the showstopper remains the slow drilling speed provided by the conventional rotary system in deep hard rocks (> 4 km). Deep drilling requires long drilling times, often resulting in unacceptably high initial investment.
read more... 16/08/2021
Dutch lead charge for electric car stations
They are best known for bike-riding, but the climate-vulnerable Dutch are leading the way for electric cars with the largest number of charging stations in Europe.
read more... 13/08/2021
Daily (13.08.2021): Oil prices took a breather on Thursday amid fading expectations that global oil demand will outstrip supply
Oil prices steadied on Thursday after the International Energy Agency (IEA) said the spread of the Delta variant of the coronavirus would slow the recovery of global oil demand. Hence, Brent crude slipped by 0.2% to settle at $71.31 a barrel. U.S. WTI crude lost 0.2% to end at $69.09 a barrel.
read more... 13/08/2021
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Spain says EU rejects request to change power pricing mechanism
The European Commission has rejected a Spanish request to change the rules that underpin member states' electricity markets as power prices in the country hit record highs, Spain's Energy and Environment Minister Teresa Ribera said on Thursday.
read more... 13/08/2021