Day: May 28, 2020

Siemens Gamesa has unveiled its new 14MW SG 14-222 DD offshore wind turbine, the largest capacity wind turbine in the world. The turbine, which beats out competitor GE Renewable Energy’s 12MW Haliade X turbine, features 108-metre-long blades, on a 222-meter diameter rotor, and capacity can be boosted to 15MW using proprietary technology. One turbine produces enough electricity to power approximately 18,000 average European households every year, according to the company, meaning that 30 turbines would be able to cover the annual electricity consumption of the city closest to its international headquarters…

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Reports that Russia plans to start easing oil production cuts after the end of June arrested the oil price rally, keeping WTI below $35 a barrel. WTI slid 0.3 percent following the news, after gaining more than 3 percent yesterday. This added to worry about U.S.-Chinese relations after the U.S. threatened to impose sanctions on China for its policy towards Hong Kong. The Bloomberg report, which cites unnamed sources familiar with Moscow’s position on the cuts, stands in stark contrast with a Reuters report, which also cited unnamed people familiar…

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Local and renewable energy resources accounted for 90% of Turkey’s electricity generation on May 24, a new all-time daily high, the country’s energy and natural resources minister said Tuesday. Sunday marked the beginning of the three-day Ramadan Bayram holiday, better known as Eid al-Fitr. Turkey had imposed a four-day curfew over the holiday from May 23 to 26 to curb the spread of the coronavirus pandemic. “On May 24, we achieved a new record in daily production by generating 90% of our electricity from domestic and renewable resources,” Fatih Dönmez…

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