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UK regulator Ofgem confirms need for huge Eastern HVDC link
UK energy regulator Ofgem has confirmed its support for the proposed 4-GW Eastern High Voltage Direct Current subsea power cable project between Scotland and England, which at GBP3.4 billion ($4.07 billion) would be Great Britain's largest electricity transmission project in recent history.
read more... 12/07/2022
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Britain to give EDF’s Sizewell C nuclear project $135 mln support
Britain will give 100 million pounds ($135 million) of support to France’s EDF to help it build the Sizewell C nuclear plant in Suffolk, England and encourage new investors in the project, the government said on Thursday.
read more... 27/01/2022
Daily (10.12.2021): British gas prices fell on Thursday amid a rebound in Norwegian flows, mild weather, bearish carbon
Oil prices erased some of this week’s gains on Thursday as England, Denmark, and China imposed new restrictions to curb the spread of Omicron, ruining the demand recovery. Adding to the bearish sentiment, two Chinese real estate companies went through a rating downgrade, indicating China’s deteriorating economic growth. Hence, Brent crude fell by $1.40, or 1.9%, to settle at $74.42 a barrel. U.S. WTI crude declined by $1.42, or 2%, to end at $70.94 a barrel.
read more... 10/12/2021
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
Ofgem consults on subsea grid links
The regulator seeks views about subsea electricity transmission links that will connect Scotland and England along the east coast
read more... 13/05/2021