Latest news
U.S. , Mexico and Canada pledge 50% of power from clean sources by 2025
The United States, Mexico and Canada are set to conclude a new regional deal at the Three Amigos summit in Ottawa this week to produce 50% of their combined electricity by 2025 from clean energy sources, including wind, solar, nuclear and hydropower.
read more... 29/06/2016
Siemens reveals offshore wind cost-reduction strategy
Siemens declared this week that its offshore wind projects are likely to produce electricity for a levelized cost of energy (LCOE) of 8 €cents/kWh by 2025, an improvement on its 2020 target of 10 €cents.
read more... 23/06/2016
China could get a quarter of electricity from wind power by 2030, study says
China could affordably meet over one-quarter of its electricity from wind power by 2030 and the figure could increase to nearly a third with the improved grid flexibility, according to a new study.
read more... 21/06/2016
EnBW will intensify cost cutting, reduce hundreds of jobs
German utility EnBW declared on Tuesday it would accelerate cost-cutting measures to save an extra 250 million euros ($280 million) by 2020, since it struggles with decreasing electricity prices and the cost of phasing-out nuclear power.
read more... 15/06/2016
Daily: European spot electricity prices evolve differently; low wind power output spurs French prices
Crude oil prices declined about 2 percent in prolonged trading on Tuesday as figures indicated an unexpected build in U.S. crude stockpiles last week, adding to the destabilization of global financial markets before the British referendum whether to leave the European Union. Brent and U.S. crude extended losses in post-settlement trading, both falling by more than $1 a barrel each. Prices tumbled for the fourth straight day with Brent down 52 cents to settle at $49.83 a barrel, while U.S. crude lost 39 cents to close at $48.49.
read more... 15/06/2016