Latest news
UK's 2024,2025 capacity market target cut to 40.1 GW, but year-head target raised
The UK government is seeking to contract 40.1 GW in the next four year-ahead capacity market auction (T-4) for delivery 2024/2025, in an auction due to start March 9, National Grid ESO said Feb. 9.
read more... 10/02/2021
Uniper, Port of Rotterdam mull green hydrogen plant
Maasvlakte, a man-made site on the Dutch North Sea coast, is the gateway to Rotterdam, the biggest bunkering port in Europe. From there, hydrogen could be supplied by pipeline to major industrial complexes in North Rhine-Westphalia, Germany.
read more... 10/02/2021
Novatek sees LNG supply shortfall by 2030
LNG supply could fall short by about 150mn t/yr by the end of this decade without additional FIDs, an issue that "needs to be addressed", Novatek chief financial officer Mark Gyetvay said at the virtual European Gas Conference.
read more... 10/02/2021
Daily (09.02.2021): Oil prices ended at their highest levels since January 2020 amid supply cuts, stimulus optimism
Crude oil futures rallied to their highest levels since January 2020 amid Saudi Arabia’s extra supply cut from February, U.S. stimulus hopes and dollar weakness. Hence, Brent crude for April delivery soared by $1.22, or 2.1%, to close at $ 60.56 a barrel. U.S. WTI crude increased by $1.12, or 2%, to settle at $57.97 a barrel.
read more... 09/02/2021
bp and EnBW selected as preferred bidders for 3GW offshore wind in Irish Sea
bp and German energy company Energie Baden-Wuerttemberg AG (EnBW), have been awarded two offshore wind farm leases in the Irish Sea, with a total capacity of 3GW.
read more... 09/02/2021