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Australian solar plant to have world's largest power storage capacity

The joint venture between two major Japanese power providers has invested in renewable-energy projects abroad, such as this Indian solar farm. A roughly $1 billion solar energy project in Australia will employ one of the biggest power storage facilities in the world, with Japanese and Western companies contributing funds.

read more... 29/05/2018

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Ørsted goes into commercial battery storage

Yesterday (April 25, 2018), a plan to construct and operate a 20-megawatt (MW) battery storage project close to Liverpool has been revealed by Ørsted.

read more... 26/04/2018

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Daily (09.03.2018): European prompt power prices slid slightly on Thursday due to milder weather forecasts

Oil prices decreased on Thursday, due to a stronger dollar, signs of an inventory build at the U.S. storage hub in Cushing, Oklahoma, growing U.S. crude production and investors’ agitation about a likely trade war.

read more... 09/03/2018

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The largest natural gas storage unit in the UK to close

The U.K. consented to a demand from the operators directed to close the old Rough Natural Gas Storage unit. The facility is situated in the North Sea and is the biggest one in the British state.

read more... 15/12/2017

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Daily (27.11.2017): EU carbon prices posted a 3.7% weekly gain on Friday

Oil prices reached their highest levels in more than two years on Friday after the continuous shutdown of a pipeline running from Canada to the United States was likely to cut supply into a major storage facility.

read more... 27/11/2017

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