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UK offshore wind industry unveils growth plan

The UK’s offshore wind sector is preparing for significant expansion with the introduction of an Industrial Growth Plan (IGP) by RenewableUK, the Offshore Wind Industry Council, and The Crown Estate.

read more... 19/04/2024

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Daily (16.04.2024): Day ahead power contracts rocketed on Monday amid low renewables

Oil prices fell slightly on Monday as the Iranian attack on Israel appeared to be less destructive than anticipated. Brent crude decreased by 0.4% to $90.10 a barrel, while WTI crude experienced a 0.3% drop to settle at $85.41 a barrel.

read more... 16/04/2024

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EU approves €900 million French biomass scheme

The European Commission has approved a €900 million French scheme to support companies investing in the use of biomass and renewable hydrogen in energy and fuel production, to foster the transition towards a net-zero economy in line with the Green Deal Industrial Plan.

read more... 05/04/2024

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EU approves €1 billion to fund Greece's renewable initiatives

The European Union has approved €1 billion in support for two renewable energy production and storage projects in Greece, the EU Commission announced on Tuesday.

read more... 03/04/2024

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Daily (02.04.2024) : Strong renewable generation weighed on European electricity spot prices on Monday

Oil prices diverged on Monday, amid geopolitical unrest in the Middle East and an upturn in manufacturing activity in China. Brent crude remained stable to slightly bearish reaching a price of $87.42. At the same time, WTI Crude increased by roughly 1 % to $83.71.

read more... 02/04/2024

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