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Ofgem unveils buy-out price and mutualisation ceilings for 2023-24 ROC

Renewable energy suppliers in the UK have been informed that the buy-out price for the 2023-24 obligation period will be £59.01 per Renewables Obligation Certificate (ROC).

read more... 13/04/2023

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Global wind to reach 1TW in 2023

The global wind energy market will pass the one terawatt (1TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.

read more... 13/04/2023

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French lower house report urges government to ditch Arenh

France should immediately suspend the Arenh regulation governing the sale by EDF of its nuclear generation to rivals, a lower house committee said in a new report.

read more... 13/04/2023

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Daily (12.04.2023): A bullish energy complex on Tuesday after Easter Holidays

Crude oil prices increased on Tuesday, boosted by an unexpected build in US inventories. Demand optimism and last week's announced OPEC+ cuts counterbalanced ongoing worries about economic slowdown in the West. Hence, Brent crude soared by 1.7% to settle at $85.61 a barrel. WTI crude ended 2.2% higher at $81.53 a barrel.

read more... 12/04/2023

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IberBlue Wind to invest $4.36 bln in Portugal-Spain offshore wind

Irish-Spanish consortium IberBlue Wind plans to invest more than 4 billion euros ($4.36 billion) in two wind farms off the Atlantic coasts of Portugal and Spain, it said on Tuesday.

read more... 12/04/2023

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