Latest news
SSE warns UK government over 40GW offshore wind policy
SSE Renewables has called for a series of “enabling” offshore wind policy actions from the UK government, warning that a “business as usual” approach will not deliver 40GW of installed capacity by 2030.
read more... 15/04/2020
Daily (15.04.2020): WTI crude lost 10.3% on Tuesday due to weak global demand
Crude oil futures decreased sharply on Tuesday as weak demand and supply glut eclipsed the support from an agreement over the weekend by major oil producers to curb output. Consequently, Brent crude for June delivery fell by $2.14, or 6.7%, to settle at $29.60 a barrel. U.S. WTI crude plunged by $2.30 or 10.3%, to close at $20.11 a barrel.
read more... 15/04/2020
COVID-19: Siemens Gamesa reopening Spanish plants
Siemens Gamesa is reopening all turbine production facilities across Spain after a two week “pause” in non-essential work due to the coronavirus pandemic.
read more... 14/04/2020
Nordic spot power hits record low over Easter weekend
The Easter weekend saw the two lowest spot prices for Nordic power since the euro was introduced in 1999, Nord Pool figures showed.
read more... 14/04/2020
OPEC Deal Could Prompt Oil Price Rise to $45 Per Barrel By Year’s End – Gazprom Neft CEO
The OPEC+ deal will not prompt an immediate sharp rise in oil prices, but should the international community manage to curb the COVID-19 outbreak, it is possible that prices could rise to between $40 and $45 a barrel, Russia’s Gazprom Neft CEO Alexander Dyukov said.
read more... 14/04/2020