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COVID-19 Delays Construction of 299 MW Biomass Power Plant in UK

Construction on the Tees Renewable Energy Plant (Tees REP) a 299 megawatt (MW) biomass power plant in the U.K. was suspended on March 24 due to the COVID-19 pandemic. A small number of critical maintenance staff remain onsite. MGT, the owner and operator of Tees REP, did not indicate when construction on the facility might resume.

read more... 27/03/2020

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EDF to Delay Applying for UK Nuclear Plant Building Consent

LONDON - Utility EDF said on Thursday it will apply for development consent later than planned to build its Sizewell C nuclear plant in Britain due to the coronavirus crisis.

read more... 27/03/2020

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Daily (27.03.2020): Crude oil fell on Thursday after three sessions of gains due to massive jobs claims in the U.S. and weak fuel demand

Crude oil futures fell on Thursday after three consecutive sessions of gains, due to the explosion in the number of jobless claims in the United States and a collapse in demand for black gold.

read more... 27/03/2020

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Daily (26.03.2019): Carbon prices recovered by 4% on Wednesday, as U.S intends to launch a massive financial stimulus to support economy

Crude oil prices added slight ground on Wednesday, as the United States may vote on a $2 trillion stimulus package to support the economy due to the coronavirus pandemic. Brent crude traded 0.9% higher at $27.39 a barrel. In the same context, WTI futures rose by 2% to $24.49 a barrel.

read more... 26/03/2020

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Lovech in Bulgaria to renew public lighting in EUR 596 million project

MPEnergi from Norway is about to replace 4,483 street lamps with LED technology and install management software and equipment. The municipality northeast of the capital of Bulgaria is counting on cofinancing from the EU’s EEA Grants for the modernization of its public lighting and a small solar power plant.

read more... 26/03/2020

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