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Daily (31.12.2021): The German spot power price fell dramatically amid strong wind output
Crude oil prices edged slightly higher on Thursday ahead of OPEC+ meeting next week, on expectations for strong fuel demand despite soaring Omicron coronavirus infections. Hence, Brent crude closed higher at $79.32 a barrel, while the American WTI crude rose by 0.6% to settle at $76.99 a barrel.
read more... 31/12/2021
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German reactors at Grohnde, Brokdorf, Gundremmingen to end production Dec. 31
German reactors at Grohnde, Brokdorf and Gundremmingen with a combined capacity of 4.2 GW are to end production on Dec. 31, with the units to be disconnected from the grid during the evening, transparency data shows.
read more... 31/12/2021
Snam to build hydrogen-ready fuel cell for Italy's Torino Airport
Gas group Snam has agreed a 14 million euro ($15.9 million) contract to build a hydrogen-ready fuel cell for Italy's Torino Airport to help it to cut its carbon footprint, the two companies said.
read more... 31/12/2021
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Siemens Gamesa signs 1.9GW wind turbine deals with Iberdrola
Spanish energy company Iberdrola has partnered with Siemens Gamesa on service contracts for 1,928MW of wind power projects in Spain and Portugal.
read more... 31/12/2021
Daily (30.12.2021): Oil prices extended gains on Wednesday, after another decrease in weekly US crude stocks
Oil prices increased for a third session in a row on Wednesday, supported by a further drop in US crude reserves. However, the possible impact of the Omicron variant, new lockdowns and travel restrictions, are limiting gains. Brent oil edged 0.4% up, settling at $79.23 a barrel. WTI crude gained 0.8% at $76.56 a barrel.
read more... 30/12/2021