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Polish and Danish regulators ink Baltic Pipe MoU
Poland’s Energy Regulatory Office (ERO) and the Danish Utility Regulator (DUR) have signed a Memorandum of Understanding (MoU) on joint activities for the Baltic Pipe project.
read more... 23/09/2021
UK government to invest £200m in a bid to cut carbon emissions
As the UN General Assembly continues and ahead of the UK-hosted COP26 climate summit, the UK Government has introduced a new investment in which businesses will be able to bid for a share of £200m.
read more... 23/09/2021
Daily (22.09.2021): British gas prices retreated on Tuesday amid low demand from power sector, weaker EUAs
Oil prices settled modestly higher on Tuesday, supported by a lower U.S. Dollar Index and expectations for a weekly drop in U.S. crude inventories, a day after a broad selloff attributed to jitters about the impact of a default by Chinese property giant Evergrande. However, the pessimistic growth forecasts from the Organization for Economic Cooperation and Development (OECD) limited the gains. Hence, Brent crude rose by 0.6% to $74.36 a barrel. U.S. WTI crude added 0.3% to end at $70.49 a barrel.
read more... 22/09/2021
Spain wants EU ‘menu’ of measures to combat power price surges
Spain urged the European Commission on Monday (20 September) to devise guidance to help member states react consistently to power price spikes without testing the rules of the bloc, and suggested moves to limit carbon market speculators and build up gas reserves.
read more... 22/09/2021
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Renewables giant Ørsted reveals multibillion-pound plans for Scotland
Orsted plans to invest £12bn in Scotland if it is successful with all five of its bids in the ScotWind offshore wind auction.
read more... 22/09/2021