Crude futures added ground on Friday, after OPEC and its allies started to reduce more production to tackle the supply excess caused by the coronavirus pandemic. Consequently, Brent crude traded 4.6% higher at $26.44 a barrel. Similarly, WTI futures climbed by 5% to $19.78 a barrel
read more... 04/05/2020
Almost 3.2 GW of offshore wind capacity in UK waters is now operational under the Contract for Difference (CfD) regime, following the start of contract payments to phases of the East Anglia One and Hornsea One projects.
read more... 04/05/2020
Biomass-fuelled power generation in the UK accounted for a record 8.4% share of the nation’s power mix in April, while coal-fired power output pursued its terminal decline, TSO data showed on Friday.
read more... 04/05/2020
French nuclear output fell 16% year on year to 26.7 TWh in April, a record low for the month, amid the coronavirus crisis, preliminary TSO data showed on Friday.
read more... 04/05/2020
Crude futures soared on Wednesday, stimulated by a fall in U.S crude stocks and gasoline inventories. As a result, Brent crude jumped by 10.1% to $22.54 a barrel. WTI futures ended 22% higher at $15.06 a barrel.
read more... 30/04/2020