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Jan 6, 2026

Daily (06.01.2026): British gas prices fell on Monday amid strong supply and a slight rise in temperatures

Crude oil prices increased on Monday as traders evaluated the effects of U.S. military operations in Venezuela over the weekend, a country accounting for roughly 1% of global crude production. Uncertainty persists over how production and exports could be impacted, with discussions between the U.S. administration and major oil companies plann...

Jan 6, 2026

Germany approves a record 2,000 km of high-voltage grid expansions for 2025.

Germany’s grid authority (BNetzA) granted permits for around 2,000 kilometres of high-voltage transmission lines last year, marking the highest figure to date. Klaus Müller, the head of the agency, announced a "record year for grid permits." Compared to 1,280 kilometres in 2024, permit approvals surged by 45 percent in 2025, according to a press re...

Jan 6, 2026

The fourth shell of the BREST-OD-300 peripheral cavity has been installed.

The final shell of the peripheral cavity has been added to the BREST-OD-300 lead-cooled fast neutron reactor located in Seversk, within Russia's Tomsk region. Ivan Babich from the Experimental and Demonstration Energy Complex at the Siberian Chemical Combine reported that the pressure vessel of the BREST-OD-300 reactor block is currently about 70%...

Jan 6, 2026

The inaugural US LNG shipment for Bulgaria has reached Alexandroupolis.

METLEN, along with its International Energy Supply & Trading division, has completed its inaugural US LNG shipment to Alexandroupolis, intended for the Bulgarian market. As the largest private consumer and trader of natural gas in the region and one of Greece's top LNG importers, METLEN plays a crucial role in ensuring supply routes across the Balk...

Jan 6, 2026

Nordex secures 224MW in Germany.

The Nordex group has secured turbine orders from developer UKA for 33 units in Germany. The company mentioned that these N175/6.X turbines, totaling 224.4MW, are part of an existing framework agreement and include 20-year premium service contracts. It stated that the turbines will be installed across nine wind farms in areas such as Brandenburg, ...

Jan 6, 2026

BayWa r.e. sells a 44MWp solar duo in France.

BayWa re has sold two solar parks in France with a combined capacity of 44MWp to Heling Enr. The company noted that the first project in Gièvres involves the redevelopment of an old sand quarry, incorporating wetland protection and eco-grazing practices. Additionally, the second agrivoltaic plant, which has a capacity of 23MWp, is located in Sals...

Jan 6, 2026

SSEN initiates a 46MW flexible auction.

SSEN is advancing to the next stage of grid flexibility. Scottish and Southern Electricity Networks Distribution will initiate a long-term flexibility auction on 12 January 2026, aiming to secure an additional 46MW of capacity to address increasing demands on the electricity network. The auction will remain open until 26 January and will encompas...

Jan 6, 2026

In 2025, renewable energy contributes 58.8% to Germany's power generation.

Electricity produced from renewable energy sources represented 58.8% of Germany's total power generation, which was 437.6 TWh in 2025, based on initial estimates from the Federal Network Agency (BNetzA). Renewables generated 257.5 TWh for the year, slightly increasing their share from 58.5% in 2024. Wind power continued to be the primary source o...

Jan 6, 2026

EU to update regulations on the security of electricity and gas supply.

The European Commission has assessed the regulations concerning electricity and gas supply security, which were enacted in 2017 and 2019, prior to the energy crisis. The report reflects on past crises, evaluates upcoming challenges, and marks a significant initial step toward new legislative proposals set for release in the first half of 2026. It ...

Jan 5, 2026

The EU's Carbon Border Tax is now in effect, and trade partners are unhappy.

On Thursday, January 1st, the EU's carbon border adjustment mechanism began operating, aimed at enhancing the competitiveness of European manufacturers against non-EU firms in regions with looser emissions regulations. China was the first to announce potential retaliation, and it likely won't be the only one. The carbon border adjustment mechanism...

Jan 5, 2026

OPEC+ maintains stable oil production despite conflicts among its members.

OPEC+ decided to maintain its oil production levels on Sunday following a brief meeting that sidestepped discussions about the political turmoil affecting several member countries. The gathering of eight OPEC+ nations, which represent about half of global oil production, occurred after oil prices experienced their most significant annual decline si...

Jan 5, 2026

Apollo Becomes Co-Owner of the Hornsea 3 Offshore Wind Farm

Ørsted has finalized the sale of a 50 percent share in the 2.9 GW Hornsea 3 offshore wind farm to funds managed by Apollo, as announced on 30 December, following the sale announcement in November and the conclusion of the transaction. Last month, the firms disclosed that they had reached an agreement for Apollo to acquire a 50 percent equity stake...

Jan 5, 2026

Equinor disputes the US directive to halt the Empire Wind project.

Norwegian energy company Equinor announced on Friday that it has initiated a civil lawsuit in the U.S. District Court for the District of Columbia against an order from the U.S. Department of the Interior which halted its Empire Wind project. Equinor stated that as part of this case, they intend to request a preliminary injunction to allow constr...

Jan 5, 2026

Norway leads in the electric vehicle race with car sales reaching 96% electric.

Almost all new cars registered in Norway last year were fully electric, according to official data released on Friday. This surge in electric vehicle (EV) sales, led by Tesla, reinforces Norway's position as a global frontrunner in eliminating petrol and diesel vehicles. Norway's rapid transition to battery-powered cars stands in stark contrast to...

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