Offshore wind in 'record' 5.2GW global surge

21/02/2020 09:31 Wind


Last year set a new record for offshore wind installations with 5.2GW of capacity entering into operations globally, according to a new report by World Forum Offshore Wind (WFO).

The 2019 figure marks a 24% growth on 2018 and means 27.2GW of offshore wind was installed worldwide at the end of last year.


Some 16 new wind farms entered operations last year across China, the UK, Denmark, Germany, Belgium and Taiwan.


The UK retains its crown as the world’s biggest market, with 9.7GW of all installed capacity. Germany follows with 7.5GW, but China is hot on the both countries' heels thanks to a rapidly growing industry which swelled to reach 4.9GW of installed capacity by the end of the year.


China currently has a further 3.7GW of projects under construction.


The report said that disruption in the German offshore market caused by regulatory framework changes was reflected by its fairly low total of 220MW currently under construction.


EDF revises 2020 forecast for French nuclear output

07/07/2020 09:16:00

EDF is revising upwards its nuclear output estimate in France for 2020, to around 315-325 terawatt-hours. In April, the French state-owned utility said it expected generation this year to be about 300 TWh, down from an initial expectation of 375-390 TWh before the coronavirus outbreak.


Daily (06.07.2020) NBP spot plunged by almost 5% on Friday influenced by an upward revision of the French nuclear output.

06/07/2020 10:40:00

Crude oil prices lost momentum on Friday, on renewed fears over global fuel demand as U.S reported a surge in coronavirus cases. Nevertheless, signs of improving global economy and OPEC+ record high supply cuts limited the loss. As a result, Brent crude decreased by 0.8% to $42.80 a barrel. Similarly, WTI futures traded 1% lower at $40.24 a barrel.


Swinoujscie terminal receives 100th LNG shipment

06/07/2020 10:05:00

The Swinoujscie gas terminal in north-western Poland received its 100th liquefied natural gas cargo on Friday. The 90,000 tonnes LNG shipment came from Qatar Liquefied Gas Company Limited (Qatargas) aboard the Al-Safliya LNG tanker.