Latest news
Cost of new UK renewable power to be much lower than previously forecast - BEIS
New wind and solar power plants built in the UK in the next two decades will have significantly lower costs than gas, and they will be much cheaper than the government previously estimated.
read more... 26/08/2020
Daily (25.08.2020): British front-month gas price rallied by about 10% on Monday amid reduced available export capacity in Norway
Oil prices ended higher on Monday as storms Marco and Laura expected later in the week halted more than half of oil production in the Gulf of Mexico. As a result, Brent crude rose by 78 cents, or 1.76%, to settle at $45.13 a barrel. At the same time, U.S. WTI crude settled at $42.62 a barrel, rising by 28 cents, or 0.7 %.
read more... 25/08/2020
Elia, 50Hertz issue offshore substation tender
Belgian grid operator Elia and its German counterpart 50Hertz have issued a tender for transformers and related equipment for offshore wind substations.
read more... 25/08/2020
Turkey’s giant gas find worth $80 billion: IEA Head
Around $6 billion investment is necessary to start production from field, IEA Executive Director says
read more... 25/08/2020
GE building largest wind turbine rotor test rig at Dutch site
The renewables unit of General Electric Co is building what it says is the largest wind turbine rotor test rig of its kind at a site in the Netherlands.
read more... 25/08/2020