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Daily (06.08.2020): Crude oil prices exceeded the 5-month high on Wednesday, after a large drop in US crude inventories

Crude oil prices climbed above $45/bl on Wednesday, supported by a steep fall in U.S. crude inventories and weak U.S dollar. Consequently, Brent crude traded 1.7% higher at $45.17 a barrel. Similarly, WTI futures increased by 1.2% to $42.19 a barrel.

read more... 06/08/2020

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RWE, Vattenfall to feed Bosch solar power in Germany

Deals totalling 60MW of electricity from PV projects in the south of the country

read more... 06/08/2020

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Estonia, Latvia eye joint development of 1-GW offshore wind farm

The governments of Estonia and Latvia have agreed on a project envisaging the construction of an up to 1-GW offshore wind farm in the Gulf of Riga, in the Baltic Sea.

read more... 06/08/2020

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National Grid plans £10m project to test hydrogen heating for UK homes

A facility will be built in the North West of England to test how hydrogen could be used to warm homes and slash emissions from industry

read more... 06/08/2020

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Shetland link supplier announced

Hitachi ABB Power Grids has won the order from Scottish and Southern Electricity Networks Transmission, part of the UK energy major SSE plc, to enable Europe’s first multi-terminal high-voltage direct-current (HVDC) interconnection.

read more... 05/08/2020

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