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Environmental group sues for Nord Stream 2 cancellation
German environmental group Deutsche Umwelthilfe (DUH) has amended a lawsuit filed last year against Russian state-controlled Gazprom's 55bn m³/yr Nord Stream 2 project to seek a permanent construction freeze that would cancel the project.
read more... 11/05/2021
Global renewables grow at fastest pace in 20 years in 2020
Global renewable electricity sources grew at their fastest pace in 20 years in 2020, the International Energy Agency said in a report May 11.
read more... 11/05/2021
EUAs hit an all-time high at around 51 EUR/t on Friday amid aggressive buying
Oil prices saw modest gains on Friday amid disappointing job report in the U.S. and despite the disastrous health situation in India, the world's third-largest consumer of oil. Hence, Brent crude added 0.3% to settle at $68.28 a barrel. Meanwhile, U.S. WTI crude settled at $64.90 a barrel, posting a 0.3% gain day-on-day.
read more... 10/05/2021
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Construction starts on 103MW Serbian wind farm
Austrian developer Ivicom Holding has started construction on its 103MW Krivaca wind farm at Golubac, Kucevo and Krivaca in northeast Serbia, near the country's border with Romania.
read more... 10/05/2021
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Vattenfall team delivers Nordic fast frequency reserve
Vattenfall, Sympower and Statnett and ferro-alloy company Eramet Norway are collaborating to deliver fast frequency reserve (FFR) between May and October 2021.
read more... 10/05/2021