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RWE wins tender to build Denmark's largest ever offshore wind farm

Germany's RWE on Wednesday won a tender to build what will be Denmark's largest wind farm, The Danish Energy Agency said, adding that this will be the world's first offshore wind farm constructed with actual payments to the state.

read more... 02/12/2021

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Lithium from German geothermal plants could supply a million electric vehicles a year from 2025

Batteries made with zero-emission lithium from geothermal plants in Germany could power one million vehicles per year by the mid-2020s, according to Vulcan Energy, a company setting out to produce climate neutral lithium in Europe.

read more... 02/12/2021

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Renewable electric growth on course to accelerate significantly

The International Energy Agency (IEA) has reported that the growth of renewable electricity derived from solar panels, wind turbines, and other renewable technologies is on course to accelerate over the coming years.

read more... 02/12/2021

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Daily (01.12.2021): Oil prices tumbled to their lowest levels since end of August amid Omicron fears

Crude oil prices tumbled on Tuesday following comments by Moderna's CEO Stephane Bancel that current COVID-19 vaccinations are unlikely to be as effective against the Omicron version. Hence, Brent crude for January sank by 3.9% to settle at $70.57 a barrel. U.S. WTI crude futures ended 5.4%, lower at $66.18 a barrel. Both contracts hit their lowest levels since August 23.

read more... 01/12/2021

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Spain and Portugal register highest electricity price in Europe

Electricity in Spain has surpassed 200 euros / MWh for thirteen consecutive days

read more... 01/12/2021

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