Statkraft starts addition to Norwegian wind farm network

19/08/2016 10:00 Renewable


Europe’s biggest producer of renewable energy has started construction on a new wind farm which will form part of a larger network in Norway.

Statkraft’s 1GW Fosen network will eventually have six separate wind farms, doubling wind power capacity in the country. On Monday the firm launched operations on the 288MW Storheia wind farm in Norway, the second, and biggest, component of the six wind park portfolio. Business Green declares that the €1.1 billion overall Fosen scheme will turn into Europe's major onshore wind power project once accomplished. 2.2km of access roads for the project have also started construction and are likely to be finalized by summer of 2017. Statkraft, TrønderEnergi and the European investor conglomerate Nordic Wind Power DA made known earlier this year they were uniting forces to deliver the project, with commissioning anticipated to be accomplished in 2020. Once finalized, the six projects could deliver 3.4TWh of clean power annually.

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.