Latest news
Neoen to build 30-MW battery storage plant in Finland
French renewable power producer Neoen SA will build a 30-MW/30-MWh energy storage facility in Finland to help stabilise the national electricity system managed by Fingrid.
read more... 10/06/2020
Daily (09.06.2020): European spot electricity prices returned at pre-lockdown levels on Monday amid higher demand, lower renewables and nuclear output
Crude oil futures lost ground on Monday despite OPEC+ cuts as traders switched their focus on the announce that top producer Saudi Arabia and Gulf producers are not willing to extend cuts after June. Hence, Brent crude for August delivery fell by $1.50, or 3.6%, to settle at $40.80 a barrel. At the same time, U.S. WTI crude shed by $1.36, or 3.4%, to end at $38.19 a barrel.
read more... 09/06/2020
Vattenfall gives green light to ‘world’s largest offshore wind project’
The facility could produce enough electricity to cover the annual consumption of more than two million Dutch households.
read more... 08/06/2020
Waste-to-energy facility in Essex gets go-ahead from Environment Agency
The rubbish-burning project is expected to supply enough electricity to power more than 60,000 homes.
read more... 05/06/2020
EDF terminates nuclear electricity supply contracts
French utility EDF has notified three energy suppliers - Alpiq, Gazel Energie and Total Direct Energie - of the termination of their contracts under a mechanism that allows rival suppliers to buy electricity produced by EDF's nuclear power plants. The suppliers had sought to invoke the force majeure clause in their supply contracts with EDF.
read more... 04/06/2020