Germany 'needs 25GW offshore to meet green goals'

09/03/2020 09:24 Renewable


Germany could miss its 2030 renewables goal if the country does not increase its offshore wind target to 25GW from 20GW currently, according to research by German think-tank Agora Energiewende.

The think-tank also said in the 'The green electricity gap, its effects and how it can be plugged' report that annual solar expansion must also be doubled to 10GW or onshore wind expansion must start to grow again to 4GW a year.


Currently Germany is on track to deliver a 55% share of renewables by 2030, instead of the 65% target, Agora Energiewende said.


Daily (03.06.2020): EUAs climbed by 5% to above €22 on Tuesday as coal disruptions lifted the energy complex

03/06/2020 10:18:00

Crude oil futures edged higher on Tuesday, with investors hoping for a further cut in black gold production at the next OPEC + summit, which could be brought forward to this week. Brent crude for August delivery soared by $1.25, or 3.3%, to settle at $39.57 a barrel, while U.S. WTI crude for July delivery gained $1.37, or 3.9%, to end at $36.81 a barrel.


Europe is going coal-free, but a vast lignite mine is expanding in eastern Germany and coronavirus has delayed new climate laws

03/06/2020 08:49:00

The landscape makes you think of the surface of the moon. As far as the eye can see, deep gashes scar the earth. At the spot where the giant machines stand, ancient layers of bared coal are visible all the way to the base of the pit.


Yamal LNG cargo completes ice-covered transit of Northern Sea Route: Novatek

03/06/2020 08:45:00

A cargo of LNG from the Novatek-operated Yamal LNG plant in northern Russia has completed its journey across the ice-covered part of the Northern Sea Route (NSR), the Russian company said June 1.