Latest news
PGE posts 80% rise in 2019 wholesale power sales
Polish utility PGE sold 61.4 TWh of output on power exchange TGE and the balancing market in 2019, up 80% from the pervious year, the company said late on Tuesday.
read more... 01/04/2020
Daily (31.03.2020): Oil prices plummeted to 18-year lows on Monday as demand suffers an unprecedented decline
Crude oil prices crashed to fresh 18-year lows on Monday as growing fears over the coronavirus pandemic eroded demand, while the Saudi Arabia-Russia price war threatened to overload the market. Brent crude collapsed by 8.7% to close at $22.76 a barrel, the lowest settlement since November 2002. Meanwhile, the U.S. WTI crude plunged by 6.6% to end at $20.09 a barrel.
read more... 31/03/2020
Vestas wins 109MW French fancy
Vestas has secured a turbine order totalling 109MW from an undisclosed customer in France for an unnamed wind farm.
read more... 31/03/2020
Poland State Gas Distributor Says It Wins $1.5 Billion From Russia's Gazprom In Price Dispute
Poland’s largest distributor of natural gas has announced it won a years-long energy-supply price dispute with Russia’s state-run Gazprom worth $1.5 billion at an international arbitration court in Sweden.
read more... 31/03/2020
'Hydrogen could meet quarter of world's energy needs – at $11 trillion cost'
A hydrogen economy powered by vast amounts of renewables could meet a quarter of the world’s energy needs by 2050 – but will need $11 trillion of spending on infrastructure and a $150bn subsidy kick-start, said BloombergNEF.
read more... 31/03/2020