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Habitat Energy and Gresham House conclude UK’s largest merchant battery storage tie-up

Habitat Energy has announced that it has successfully reached an agreement with the Gresham House Energy Storage Fund to optimize 74 MW of Energy Storage System (ESS) projects in the UK. The multi-year agreements comprise three existing projects: a 20-MW ESS in Wiltshire, a 5-MW ESS in Wolverhampton and the recently-commissioned 49-MW ESS project located on the Red Scar Business Park outside Preston which the Fund acquired on 31 December 2019.

read more... 27/01/2020

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Daily (24.01.2020): Energy prices in a bearish mood on Thursday on worries about coronavirus, weaker demand and milder weather

Oil prices ended lower on Thursday as the rapid spread of the new coronavirus could dent demand for black gold. Oversupply concerns, despite oil production disruption in Libya, also put pressure on prices.

read more... 24/01/2020

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Exxon Prepares Sale Of UK, German Oil & Gas Assets

As part of its global program to sell assets, ExxonMobil is about to launch a process to sell its upstream oil and gas operations in the UK and Germany, Bloomberg reported on Thursday, quoting people familiar with the plans.

read more... 24/01/2020

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EBRD and EU to offer financial guarantees for renewable energy

The European Bank for Reconstruction and Development (EBRD) has agreed on a new €50m programme of financial guarantees with the European Union (EU) to improve renewable energy development in the EU Neighbourhood regions.

read more... 24/01/2020

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Gazprom offers 18 LNG cargoes for loading at Belgium's Zeebrugge in 2020-2021

The cargoes are for loading between the second half of Feb. 2020 and Dec. 31 2021, one of the sources said. The tender will close on Feb. 10, with bids valid until Feb. 12

read more... 24/01/2020

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