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Wind secures 2.2GW in Spanish auction

Onshore wind won a total of 2258MW in the Spanish government’s 3300MW technology-neutral renewable energy auction.

read more... 17/11/2021

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EU backs seven decarbonization projects with Eur1 billion Innovation Fund

The EU is backing seven large-scale industrial decarbonization projects through its Innovation Fund, with over Eur1.1 billion ($1.3 billion) to support breakthrough technologies in energy-intensive industries, hydrogen, carbon capture, use and storage and renewables, the European Commission said in a statement Nov. 16.

read more... 17/11/2021

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Daily (16.11.2021): British gas prices increased on Monday as Russia failed to book additional transit capacity through Ukraine

Crude oil prices struggled for direction on Monday amid uncertainty whether crude supplies will increase and demand will be constrained by the recent surge in energy costs and rising COVID-19 cases. Hence, Brent crude softened by 0.2% to settle at $82.05 a barrel. At the same time, U.S. WTI crude added 0.1% to and at $80.88 a barrel.

read more... 16/11/2021

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EU wind generation falls to 8-week low, surge ahead for Northern Europe

EU wind power generation fell to the lowest in almost two months averaging 33.6 GW in the seven days to Nov. 14, data aggregated by WindEurope showed.

read more... 16/11/2021

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Germany's largest power producer RWE to spend $57 billion through 2030 in green power push

RWE plans to invest 50 billion euros ($57 billion) through 2030 to raise its renewable energy capacity to 50 gigawatts, Germany's largest power producer said on Monday in a strategy update ahead of its capital markets day.

read more... 16/11/2021

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