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Baltic States Cut Energy Imports from Russia, Belarus
Lithuania’s electricity transmission system operator Litgrid has said it would slash threefold its electricity imports from Belarus as a step toward abandoning electricity intake from Russia and Belarus by 2025 and joining the European Union’s (EU) energy system.
read more... 07/07/2021
Energy link to heal Anglo German relations after EURO clash?
Although England kicked Germany out of EURO 2020 a few days ago, a massive £1.4 billion energy link might bridge the feelings between the two countries.
read more... 06/07/2021
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ETC warns on limits to biomass role in energy transition
The Energy Transitions Commission has warned that rapidly increasing demand for biomass and biofuel could exceed sustainable supply, and should only be used in a narrow range of difficult-to-decarbonize applications.
read more... 06/07/2021
Europe’s largest electrolyser launched, set to multiply capacity tenfold by 2024
Germany’s largest refinery hosts the largest electrolyser of its kind in Europe, built by Shell and the EU. The Anglo-Dutch oil major is already looking towards building an electrolyser ten times larger by 2024 with the aim of supplying German industry with green hydrogen.
read more... 06/07/2021
Daily (06.07.2021): Brent crude neared 3-year high above $77 on Monday amid OPEC impasse, while European coal price marked a new decade high
Oil prices climbed on Monday, with Brent crude trading above $77 a barrel, the highest level since October 2018 following the indefinite postponement of the much-expected meeting of OPEC and non-OPEC ministers. Hence, Brent crude rose by 1.3% to settle at $77.16 a barrel. U.S. WTI crude settled at $76.34 a barrel, posting a 4.7% rise day-on-day.
read more... 06/07/2021