Sweden set for 2.3GW wind rush in 2019

03/05/2019 08:37 Wind


Wind farms with a combined generation capacity of more than 1GW were approved in Sweden during the first quarter of 2019, putting the Nordic country on track to double its wind generation capacity by 2022.

Final investment decisions were made on 1225MW worth of projects in the period from January to March, up from 550MW on-year, according to the Swedish Wind Energy Association.


The association expects 2329MW of new capacity to be added in the 2019 calendar year, bringing total capacity to 9724MW by year-end.
Swedish wind power production currently stands at 19TWh and SWEA expects it to rise to 38TWh by 2022.


"Wind power is now a full-fledged technology that can be built without support," said SWEA chief executive Charlotte Unger Larson.


Among the biggest projects currently under development is Enercon's 844MW Maximus in the country's north, which is slated to go live by the third quarter of 2021.

Source: renews.biz

Daily (31.07.2020): WTI crude slipped below $40 a barrel on Thursday amid bearish economic data, political uncertainty in the U.S.

31/07/2020 10:44:00

Crude oil futures posted a steep decline on Thursday, with WTI crude slipping below $40 a barrel for the first time in three weeks, pressured by worries about resurgence in coronavirus cases and bearish U.S. economic data. Suggestions made by U.S. President Donald Trump that nation's November presidential election may be delayed added further pressure on oil prices. Hence, Brent crude decreased by 81 cents, or 1.9%, to settle at $42.94 a barrel. At the same time, U.S. WTI crude futures fell by $1.35, or 3.3%, to end at $39.92 a barrel.


Gazprom Neft joins the international LNG-bunkering community

31/07/2020 09:40:00

Gazprom Neft has become the 1st oil company in Russia to join the Society for Gas as a Marine Fuel (SGMF), through its Gazpromneft Marine Bunker subsidiary Gazpromneft Shipping, operator of the Gazpromneft Marine Bunker fleet.


German wind, solar tenders award 384 MW in July

31/07/2020 09:26:00

Projects with a combined capacity of 384 MW secured surcharges in Germany’s tenders for wind and solar power this month, the Federal Network Agency, also known as the Bundesnetzagetur (BNetzA) has announced.