British renewable investments account for 3.8 billion dollars this year

02/01/2012 12:47 Renewable


The British ruling institutions announced recently that U.K. renewable energy investment accounted for 2.5 billion pounds (3.8 billion dollars) this year due to committed funds from Toyota Motor Corp. (7203) to Vestas Wind Systems A/S (VWS).

Britain is striving to fulfill the European Union goal of getting 15 percent of energy from green sources by 2020. That is why renewable utilities announced the start of the tax year since April 1, move which will create about 11,619 jobs. The Yorkshire is on the top of the regional table of investments with 469 million pounds and 2,501 jobs, followed by Wales, southwest England and Scotland.

Daily (03.12.2019): NBP gas forward prices strongly bearish on Monday due to robust supplies from LNG terminals and from Norway

03/12/2019 11:26:00

Brent crude declined on Monday on concerns about global oil oversupply and limited progress toward resolving the U.S.-China trade war that has clouded the outlook for oil demand. Brent lost 2.4% to settle at $60.92 a barrel.


Ireland to open 1st renewables auction in early 2020

03/12/2019 09:36:00

The Irish government on Monday gave the green light to the country’s first auction under its new Renewable Electricity Support Scheme (RESS) that is seen to pave the way towards a 70% renewables share by 2030.


Novatek $4.8 bln Yamal LNG fleet complete. Yakov Gakkel expected to load next week

03/12/2019 09:33:00

Russia’s largest independent natural gas producer and LNG exporting player, Novatek has completed the $4.8 billion, 15-vessel strong fleet of Arc7 liquefied natural gas carriers set to serve its giant Yamal LNG project in the Arctic.