Saudi Arabia and Russia have concluded that another nine months of restricted oil production should revive the market. According to the calculations made by the two oil giants, the oil market can be back in balance by March 2018.
A recent report published by Eurelectric shows that the progressive electrification of sectors, such as transport and heating and cooling, will bring tangible benefits for European society.
Floating offshore wind is far beyond the proof of concept phase and is now set to see demonstration at scale. Major cost reductions and far lower technical and commercial risk are set to follow.
A flywheel with a new rotor construction looks set to deliver low-cost storage with vastly improved safety compared to existing designs.
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