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German-Belgian Alegro power link on track for November start

The first power interconnector between Belgium and Germany has successfully transmitted at full capacity of 1 GW in both directions, German transmission system operator Amprion said Oct. 29.

read more... 30/10/2020

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Solar tariffs may reach a new record-low once again

“We expect aggressive bidding and possibly a new tariff low in this auction,” said Vinay Rustagi, managing director of renewable energy consultancy firm, Bridge To India. Queries sent to the Managing Director of SECI remained unanswered as of press time

read more... 30/10/2020

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OMV Petrom on track to exceed 2019 power output

OMV Petrom, Romanian arm of Austria's OMV, boosted its third-quarter power output on the year, spurred by higher spark spreads. Full-year generation is now on track exceed both 2019's level and the firm's 2020 target.

read more... 30/10/2020

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Daily (29.10.2020): Partial lockdowns worldwide weigh on energy demand and on the entire energy complex

Crude oil tumbled by over 5% on Wednesday, as US oil stocks increased more than expected, while overall demand is expected to fall. As such, Brent oil ended at $39.12 a barrel, down 5.1%, or $2.08, from Tuesday’s close and WTI crude dropped by 5.5% to close at $37.39 a barrel.

read more... 29/10/2020

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Novatek completes Arctic LNG 2 fleet formation

Novatek, Russia’s largest independent natural gas producer, has signed long-term charter deals for six Arc7 ice-class LNG tankers.

read more... 29/10/2020

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