Latest news
National Grid boss warns Britain risks power blackouts due to a decaying electricity network as he asks Ofgem for right to raise customers' bills
Sheffield is at heightened risk of blackouts, as it is served by just two power lines Should one fail, the city could only rely on the other to provide all of its power National Grid boss John Pettigrew warned older power lines will start to 'decay'
read more... 02/09/2020
Turkey’s Soyak eyes investment in geothermal energy in Croatia
The Turkey-based Soyak is interested in investing in geothermal energy in the Croatian municipalities of Legrad and Đelekovec.
read more... 01/09/2020
Renewables set UK power generation records in 1H 2020
Wind, solar and biomass provided almost 70% of electricity, Drax report finds
read more... 01/09/2020
France's H1 wind turbine additions almost halve
A total of 363 MW of new wind turbine capacity started feeding electricity to the French power network in the first half of 2020, new statistics show.
read more... 01/09/2020
Daily (01.09.2020): Brent and WTI crude gained 4.6% and 5.8% respectively in August amid signs of a recovery in energy demand
Crude oil prices increased modestly in the last day of August, supported by a stronger-than-expected recovery in China’s service sector. Hence, Brent crude rose slightly by 0.5% to settle at $45.28 a barrel. At the same time, U.S. WTI crude added 0.8% to end at $42.61 a barrel. For August, Brent gained 4.6%, posting a fifth monthly increase in a row, while WTI saw a monthly gain of 5.8%, which represented a fourth straight monthly increase.
read more... 01/09/2020