Oil sump with a sunset in the background
Monday 2nd of November 2020 | Posted In: Generate, Renewable energy

New coronavirus lockdowns lead to oil price slump

Read our top five energy-related news stories from the last couple of weeks. Energy is always in the news in one way or another, from renewable energy technology advancements and the latest from the ‘big six’ energy suppliers to advancements in energy saving and sustainability. In this blog, we share more about our favourite energy news stories from the last couple of weeks:

  1. New coronavirus lockdowns lead to oil price slump: Oil prices hit a five-month low on Monday following fresh virus-induced lockdowns. Read more here…
  2. National Grid ESO winds down ODFM service as COVID-19 grid challenges ease: National Grid ESO’s Optional Downward Flexibility Management (ODFM) service has come to an end, as the grid has become far more stable since the first lockdown. Read more here…
  3. UK's bid to power every home via offshore windfarms by 2030 at risk: Germany’s RWE says outdated regulation is slowing investment in onshore electricity grid. Read more here…
  4. Could Scotland ever be 'the Saudi Arabia of renewables'? "As Saudi Arabia is to oil, the UK is to wind" - that's how Boris Johnson described the country's potential to capitalise on renewable energy recently. Read more here…
  5. European Energy wins approval for giant solar farm in Denmark: It is expected to be the biggest solar farm to date in northern Europe. Read more here…

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