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Italy's Snam takes first steps into India with hydrogen, gas deals
It also inked a deal with renewable energy company Greenko, owned by Singapore sovereign fund GIC, to look into the production of green hydrogen for use in industry and transport.
read more... 09/11/2020
UK Warning Highlights Energy Storage Importance To Renewables
The United Kingdom, which has recently set a record for wind power meeting its demand, issued a security of supply alert earlier this week as wind power output was low due to calm weather. This event highlights the need of increased energy storage capacity able to balance power to the grid at times of strained supply, energy historian and expert Ellen R. Wald wrote in Forbes.
read more... 09/11/2020
Daily (06.11.2020): European Cal’21 power contracts rose to 10-day highs on Thursday amid stronger carbon
Oil prices declined modestly on Thursday amid persisting concerns about the impact of the new COVID-19 restrictions over global demand and uncertain outcome of the U.S. presidential election. Hence, Brent crude lost 30 cents, or 0.7%, to settle at $40.93 a barrel. Meanwhile, U.S. WTI crude declined by 36 cents, or 0.9%, to end at $38.79 per barrel.
read more... 06/11/2020
ENGIE’s £30m renewable energy park in North East Lincolnshire greenlighted
The 50MW project is forecast to generate enough energy to power 9,000 homes
read more... 06/11/2020
Spanish renewable auctions seen adding pressure to PPA market
Spain's announcement of a new series of renewable auctions will add pressure to an already depressed power purchase agreement market in the country, Endesa Chief Financial Officer Luca Passa said Nov. 4, with appetite for deals already lower due to current market circumstances.
read more... 06/11/2020