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Spain awards clean power capacity below market price in oversubscribed auction

In the country's first clean energy auction since 2017, home-grown power group Naturgy was picked to supply 235 megawatts (MW), a company spokeswoman said

read more... 27/01/2021

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Daily (26.01.2021): British gas prices tumbled on Monday amid milder weather, weaker energy complex in Europe

Crude oil prices increased on Monday to hit their highest level in a week, with investors weighing the impact of supply curbs from Iraq and Libya on the near-term outlook against coronavirus lockdowns. Iraq is pledging to curb output in January and February after pumping more than its OPEC+ quota last year, while Libyan guards halted some crude exports after a pay dispute. Hence, Brent crude rose by 47 cents, or 0.9%, to settle at $55.88 a barrel. Meanwhile, U.S. WTI crude added 50 cents, or 1%, to end at $52.77 per barrel.

read more... 26/01/2021

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Hamburg converts old coal-fired power station into mega-sized hydrogen power plant

The hydrogen power plant, with an initial capacity of 100 megawatts, aims to be Germany's stepping stone to producing 5 gigawatts of hydrogen by 2030.

read more... 26/01/2021

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Total leads Europe’s oil majors in clean energy push

Total has had the fastest start in the race between oil supermajors to achieve net-zero carbon emissions.

read more... 26/01/2021

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UK battery storage developer Eelpower signs joint venture deal with Swiss fund

UK battery storage developer Eelpower has entered a joint venture agreement with SUSI Infrastructure Partners of Switzerland to accelerate the rollout of Eelpower's UK energy storage portfolio, Eelpower and SUSI Partners said Jan. 25.

read more... 26/01/2021

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