Latest news
Turbine work delays Olkiluoto 3 start up
Regular electricity production at the Olkiluoto 3 (OL3) EPR will begin in March 2022 - one month later than previously planned, Finnish utility Teollisuuden Voima Oyj (TVO) announced. It said the delay has been caused by extra turbine overhaul and inspection works.
read more... 03/08/2021
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UK pushes floating wind farms in drive to meet climate targets
In waters 15km south-east of Aberdeen, renewable energy companies are preparing to celebrate yet another landmark in the drive to end Britain’s reliance on fossil fuels.
read more... 03/08/2021
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Enel agrees to buy hydro assets from Italy's ERG in 1 billion Euro deal
Enel said it has agreed to buy hydroelectric assets from Italian renewable energy group ERG in a deal worth one billion euros ($1.19 billion).
read more... 03/08/2021
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Daily (03.08.2021): European spot electricity prices skyrocketed by over 200% on Monday amid expectations of low wind
Crude oil prices fell for the second day in a row on Monday as highly contagious Delta variant of coronavirus sparked new mobility restrictions around the world, raising worries about demand recovery. Higher crude output from OPEC producers put further downward pressure on crude prices. Hence, Brent crude shed by 4.9% to settle at $72.58 a barrel. U.S. WTI crude ended 3.6%, lower at $71.26.
read more... 03/08/2021
Daily (02.08.2021): Carbon EUAs lost 1.3% on Friday, amid declining investor interest on the market
Crude oil prices strengthened slightly on Friday, supported by positive data on demand for black gold from the US Energy Information Agency (EIA). Hence, Brent oil edged 0.4% higher at $76.33 a barrel and WTI crude gained 0.5% to $73.95 a barrel.
read more... 02/08/2021