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UK could look to 15-year support mechanisms for low-carbon hydrogen
A long-term support mechanism similar to the UK's offshore wind regime could be needed to underpin natural gas-base hydrogen production with carbon capture, the main proponent behind the HyNet hydrogen project told S&P Global Platts Sept. 24.
read more... 28/09/2021
Daily (24.09.2021): Oil prices increased on Thursday, with Brent hitting a 2-month high amid tight supply
Crude oil prices extended gains on Thursday, with Brent crude hitting its highest level in more than two months. The increase was attributed to the growing fuel demand as offshore crude production continued to see a slow recovery in the Gulf of Mexico in the wake of Hurricane Ida and a draw in U.S. crude inventories. Hence, Brent crude rose by $1.06, or 1.4%, to settle at $77.25 a barrel, its highest price since mid-July. U.S. WTI crude rose by $1.07, or 1.5%, to $73.30 a barrel.
read more... 24/09/2021
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Renewables giant Ørsted reveals multibillion-pound plans for Scotland
Orsted plans to invest £12bn in Scotland if it is successful with all five of its bids in the ScotWind offshore wind auction.
read more... 22/09/2021
SSE Renewables to combine two wind farms to create 4.1GW ‘super project’
SSE Renewables is combining two proposed offshore wind farms to create what it says would be a “super project” development, with a potential output of 4.1GW.
read more... 20/09/2021
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Britain announces biggest round of its renewable energy scheme
The British government will announce the biggest round of its renewable energy scheme on Monday, hoping to build up enough extra offshore wind capacity to power about eight million homes.
read more... 13/09/2021