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Lithuania transports record volume of gas to the Baltic States
In 2019, Lithuania transported the highest ever recorded volume of gas to the Baltic States. By making targeted investments into the Lithuanian gas infrastructure and its interconnection with neighbouring countries, the gas transmission to the Baltic States increased 2.6-fold in 2019, reaching almost 6 TWh of gas.
read more... 15/01/2020
Renewables ‘dominate’ European energy mix in 2019
Renewable energy sources overtook fossil fuels as Europe’s primary electricity source for the first time in 2019, according to energy market data analyst EnAppSys.
read more... 15/01/2020
Commission's €1 trillion bet on green deal financing
The European Commission unveiled on Tuesday (14 January) its one trillion euro investment plan to put Europe on track to reach the 2050 emissions-neutrality goal, while also helping coal-producing regions to move away from fossil fuels.
read more... 15/01/2020
Daily (14.01.2020): NBP spot 3.7% higher on Monday in a short system
Oil prices settled down for a fifth session in a row on Monday as traders evaluated the possibility of an oversupply in crude amid fading geopolitical tensions in the Middle East. Brent crude for March delivery declined by 78 cents, or 1.2% to settle at $64.20 a barrel. WTI, the US crude benchmark, settled down 96 cents, or 1.6%, to end at $58.08 per barrel.
read more... 14/01/2020
France to close Havre coal power plant in April 2021
France’s 580 megawatt (MW) Havre coal power plant will close on April 1, 2021, the energy ministry said on Friday.
read more... 14/01/2020