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Denmark Installs World's Largest Wind Turbine, Capable Of Giving Electricity To 18K Houses

Denmark has launched the world’s largest wind turbine in Thy. The wind turbine is 271-metre high and manages to generate electricity for 18,000 households, reported DR.DK. The world’s largest wind tribune stands tall at the National Test Center in Osterild in Thy and it is one of the tallest freestanding structures in Denmark.

read more... 03/01/2022

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French nuclear closures send electricity prices soaring

France has suffered a spike in electricity prices after its nuclear-reliant grid was stretched by the temporary closure of four reactors.

read more... 28/12/2021

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Daily (22.12.2021): European Cal’22 electricity prices reached stunning levels on Tuesday amid bullish gas prices, French nuclear issues

Crude oil prices rebounded on Tuesday amid improved risk appetite, but investors remained cautious about the Omicron coronavirus variant. Brent crude soared by $2.46, or 3.4%, to settle at $73.98 a barrel. U.S. WTI crude increased by $2.51, or 3.7%, to end at $71.12 a barrel.

read more... 22/12/2021

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Daily (21.12.2021): European spot electricity prices skyrocketed on Monday amid cold weather, weak renewable output

Crude oil prices opened the week bearishly amid new lockdown measures taken by several countries to battle the Omicron mutation. Hence, Brent crude shed by 2.7% to settle at $71.52 a barrel. U.S. WTI crude droped by 2.7% to close at $68.61 a barrel.

read more... 21/12/2021

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Norway parliament agrees increased electricity subsidy scheme

Norway's government said on Friday it had secured a majority in parliament for a revised plan to subsidise household electricity bills amid a spike in power prices.

read more... 20/12/2021

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