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EnBW takes €2.4bn final investment decision on He Dreiht

EnBW has taken the final investment decision (FID) on its 960MW He Dreiht offshore wind project in the German North Sea, clearing the way for construction to begin.

read more... 24/03/2023

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In U-turn, Germany backs swift adoption of EU power market reform

Ahead of an EU summit in Brussels, the German government signalled readiness to swiftly adopt the EU’s proposed electricity market reform, abandoning previous calls to delay decisions until after the 2024 European elections.

read more... 23/03/2023

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UK delays planning decision on Orsted's Hornsea 4 windfarm

Britain has delayed until mid July a decision on whether to grant permission for Orsted's giant Hornsea Four offshore windfarm, whose footprint on the sea floor partially overlaps that of a BP-led carbon capture project.

read more... 14/02/2023

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UK must review decision to block UK-France power cable project

Britain must review its refusal to grant development consent for a high-voltage undersea power cable project linking Britain and France, London's High Court ruled on Tuesday.

read more... 26/01/2023

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Daily (10.01.2023): European gas and power prices moved upwards on Monday amid colder weather forecast

Crude oil prices moved upwards on Monday as China's decision to lift COVID-19 restrictions raised hopes for a rebound in economic activity in the world's second largest oil consumer. Brent crude rose by $1.08, or 1.4%, to settle at $79.65 a barrel. U.S. West Texas Intermediate crude added 86 cents, or 1.2%, to $74.63.

read more... 10/01/2023

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