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Nord Stream 2 says Fortuna vessel working on final stage of project
The Nord Stream 2 gas pipeline construction is 99% complete, the operating company said on Wednesday, after a media report the Russian-led project, which has come under criticism from the United States, is expected to be finished on Aug. 23.
read more... 19/08/2021
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New nuclear reactor will make Slovakia a power exporter
Slovakia's new Mochovce 3 reactor is slated to start up and generate electricity this year with unit 4 following in 2023, according to an energy security report released by the Ministry of Economy. Once it starts up, Mochovce 3 will immediately tip Slovakia's energy balance back to an export footing.
read more... 18/08/2021
Daily (11.08.2021): European day-ahead electricity prices hovered at around 100 EUR/MWh on Tuesday amid halving wind, spiralling gas prices, strong demand
Oil prices moved cautiously higher on Tuesday, recouping some of their losses in the previous session, as rising demand in Europe and the United States offset concerns over an increase in COVID cases in Asian countries. Hence, Brent crude rose by $1.59, or 2.3%, to settle at $70.63 a barrel. U.S. WTI crude settled $1.81, or 2.7%, higher at $68.29 per barrel. Both contracts dropped by around 2.5% on Monday, but analysts believe the pandemic turbulence will be short-lived.
read more... 11/08/2021
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One coal unit at Britain's Ratcliffe power plant to close next year
One unit at Uniper’s 2 gigawatt Ratfcliffe coal plant in Britain will close next year, two years ahead of the full shut down of the facility, the company said on Wednesday.
read more... 05/08/2021
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Germany, US announce deal to allow completion of Nord Stream 2
Germany and the United States on Wednesday announced a deal to allow the completion of Nord Stream 2 (NS2) to Europe without the imposition of further American sanctions.
read more... 22/07/2021