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Poland Poised to Announce Major Coal Mine Closures
Poland’s biggest coal producer, state-run PGG, is likely to announce within days deep cuts in coal output and the closure of a number mines as part of a restructuring plan that is expected to prompt protests by miners, industry sources said.
read more... 27/07/2020
Daily (24.07.2020): Crude oil prices fell by about 2% on Thursday amid coronavirus demand concerns, weak U.S. jobs numbers
Crude oil futures continued to fall on Thursday, dragged down by data showing a surprise rise in U.S. crude stockpiles, renewed tensions between the United States and China, as well as the growth of U.S. jobless rate. However, the alarming increase of the U.S. coronavirus cases added further pressure on oil prices. Consequently, Brent crude for September delivery fell by 98 cents or 2.2%, to settle at $43.31 per barrel. Meanwhile, U.S. WTI crude declined by 83 cents or 2%, to close at $41.07 per barrel.
read more... 24/07/2020
Ukraine to install first grid battery
1MW/1.5 megawatt-hour lithium ion storage system will be commissioned in 2021
read more... 24/07/2020
Pivot to ‘green’: Russian gas & nuclear energy giants Gazprom and Rosatom to start producing ‘clean’ hydrogen
Russia’s move away from hydrocarbons took another step forward this week, as the country’s Ministry of Energy announced a roadmap to start producing clean hydrogen by 2024.
read more... 24/07/2020
Ireland opens renewables auction
Bidding starts under RESS scheme which has been approved by the EU under state aid rules
read more... 24/07/2020