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Britain to boost offshore wind auction power price guarantees by 66%
Britain will increase the guaranteed price offered for offshore wind projects in its next renewables auction by 66%, the government said on Thursday, as it seeks to spur more projects after its last auction failed to attract any offshore wind investment.
read more... 16/11/2023
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Nuclear, windfall profits in focus as EU electricity reform talks near finishing line
Financing for nuclear and the redistribution of potential windfall profits made by electricity operators remain key sticking points as EU legislators prepare for talks on Thursday (16 November) to reform the bloc’s electricity market.
read more... 15/11/2023
Daily (14.11.2023): European spot electricity prices plummeted by 32% on Monday amid soaring wind output
Oil prices climbed on Monday, propelled by the publication of OPEC+'s monthly report aimed at mitigating "exaggerated negative sentiments" regarding the global oil demand outlook. As a result, both contracts rose by about 1.4%. Brent crude settled at $82.52 per barrel, while WTI crude ended at $78.26 per barrel.
read more... 14/11/2023
Orsted pulls out of Norway offshore wind consortium
Orsted has pulled out of a consortium that was due to bid for offshore wind projects in Norway ahead of a pre-qualification deadline, one of its partners said on Monday.
read more... 14/11/2023
Crown explores additional offshore wind capacity
The Crown Estate has initiated steps to potentially unlock an additional 4GW of green electricity from several offshore wind farm projects currently in development.
read more... 13/11/2023