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Electricity North West unveils £2bn investment plan

Electricity North West has set out a draft plan to invest almost £2 billion in the region’s power network before 2028.

read more... 15/04/2021

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Daily (14.04.2021): Oil prices extended gains on Tuesday amid signs of demand recovery

Oil prices continued to move in a narrow range on Tuesday after OPEC boosted its expectation for this year’s demand recovery and amid strong demand data from China. However, the upside was limited after Johnson & Johnson’s vaccine deployment has been paused due to concerns over 6 patients (out of 6.8 million) developing rare blood clots. Hence, Brent crude rose by 0.6% to settle at $63.67 a barrel. U.S. WTI crude increased by 0.8% to $60.18 a barrel.

read more... 14/04/2021

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Orcan Energy implements first geothermal project in Germany

German ORC technology company Orcan Energy, announces having implemented a first geothermal project in record time together with its cooperation partner E.ON.

read more... 14/04/2021

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IKEA makes first solar park investment in Russia

Ingka Group, the owner of most IKEA stores world-wide, has agreed to buy a 49-percent stake in eight solar parks in Russia from Solar Systems LLC, marking its first investment in renewable energy in the country.

read more... 14/04/2021

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Seven European countries to halt export finance for fossil fuels

Seven European countries, including Germany, France and Britain, will commit on Wednesday to stop public export guarantees for fossil fuel projects, French Finance Minister Bruno Le Maire said on Tuesday.

read more... 14/04/2021

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