Biomass takes record share of UK power mix in April

04/05/2020 09:59 Biomass

news

Biomass-fuelled power generation in the UK accounted for a record 8.4% share of the nation’s power mix in April, while coal-fired power output pursued its terminal decline, TSO data showed on Friday.

Biomass – which largely reflects wood pellets burnt by independent generator Drax’s four 645 MW biomass-fired units at its 3.9 GW plant in North Yorkshire – achieved a record 16.1% share last Sunday, the figures showed.

 

It provided a 5.6% slice of the mix in the same month last year and averaged a 6.6% portion in 2019.

Source: montelnews.com

Daily (01.07.2020): The German Cal ’21 power at its highest level since the end of February, driven by economic optimism, higher carbon and coal prices

01/07/2020 09:48:00

Oil prices reversed previous gains on Tuesday as Libya prepares to resume crude exports, intensifying concerns over a possible oversupply on the market. Hence, Brent crude for August delivery, which expired yesterday, fell by 56 cents, or 1.2%, to settle at $41.15. The more-active September contract lost 58 cents at $41.27 a barrel. At the same time, U.S. WTI crude dropped by 43 cents, or 1%, to end at $39.27 a barrel. However, for the month, Brent and WTI gained 16.5% and 12.4% respectively.

<READ MORE

Equinor to build hydrogen plant with carbon capture in Britain

01/07/2020 09:36:00

Equinor plans to build in Britain a plant to produce hydrogen from natural gas in combination with carbon capture and storage, the Norwegian oil firm said on Wednesday.

READ MORE

German utility E.ON to invest over 375 mln euro in Romania by 2023

01/07/2020 09:28:00

German utility E.ON said on Tuesday it plans to invest about 375 million euro ($422.5 million) in Romania during the period 2020-2023, through its two local subsidiaries Delgaz Grid and E.ON Energie Romania.

READ MORE