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Crude Oil
Russia Cuts European Sea Ports Oil Exports To 20-Year-Low
Exports of Russia’s key export blend Urals are expected to slump to the lowest level since at least the early 2000s, according to data from Refinitiv Eikon.
Thermal Coal
Sweden Exits Coal Two Years Early
The Nordic nation is now the third European country to have waved goodbye to coal for power generation. Another 11 European states have made plans to follow sui…
Market Analysis
Europe Can Reach Net-Zero by 2050 with 100% Renewables, Study Shows
New modelling shows that Europe could reach climate neutrality before 2050 through a 100% renewable energy scenario which would also see solar technology genera…
Energy Transition
Covid-19 Response Accelerates the Renewable Transition, According to Wärtsilä
Coal-based power generation has fallen by 25.5% across the European Union and the UK in the first three months of 2020, compared to 2019, as a result of the res…
Wind Farm
Mirova Acquires 85.8MW Wind Farm From RES
Mirova, a European investment firm and an affiliate of Natixis Investment Managers, has acquired the Rödene wind farm from RES.
Market Analysis
Europe can be 60% powered by solar before 2050
Perhaps it is not surprising a report co-produced by Europe’s solar industry places PV at the heart of a zero-carbon, mid-century energy system on the continen…
Solar Power Plant
Europe's Largest Solar Plant Feeds First Power into Spanish Electric Grid
Developer Iberdrola commissions giant 500MW Nunez de Balboa PV plant in Extremadura where larger Francisco Pizarro project due on-line next year.
Electric Vehicle Battery
Battery Supply Chains get Back to Speed in China and South Korea
Shutdowns are lifted in China and South Korea, allowing battery supply chains to ramp back up while rivals in Europe and North America are in lockdown.
CCGT
Economics Shift Further Towards Gas Generation in Europe
Demand destruction due to lockdowns has shifted the relative economics of Europe's fossil power generators towards gas.
Market Analysis
Spain Submits Ambitious 2030 Energy and Climate National Plan
Spain is a powerhouse for renewable energy deployment with 25,7 gigawatts (GW) of total installed wind capacity, WindEurope said in a press release, adding th…
Market Analysis
European Solar Fears Power Price Plunge May Dampen Subsidy-Free Prospects
The crash of power prices seen as Europe locks down over the COVID-19 crisis could dampen investor enthusiasm for subsidy-free solar, a SolarPower Europe webi…
Solar Power Plant
Europe’s Largest Solar Park Now Online
Spanish energy giant Iberdrola has commissioned the largest PV plant in Europe – the 500 MW Núñez de Balboa project – following the completion of constructi…
Offshore Wind Power
European Wind Investment Slides as Covid-19 Undercuts Spending Power
The impact of the coronavirus pandemic is likely to reduce liquidity in debt and equity markets, WindEurope says.
Electricity Transmission
EIB Offers €100m Loan to Support Finland’s Elenia Electricity Network
The European Investment Bank (EIB) has agreed to provide a loan of €100m to Finnish electricity distribution system operator (DSO) Elenia.
Energy Storage Battery
Tesvolt Starts Operations at Europe's Biggest Battery System Factory
German battery storage company Tesvolt has today started operation at Europe's first gigafactory for commercial battery systems.
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