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Norway holds inaugural offshore wind auction amid uncertainty over bids

Norway holds its first auction on Monday for the right to build a commercial offshore wind farm, offering up to 1.5 gigawatt (GW) of capacity, although interest has ebbed amid high project costs and there is still a risk of no bids being made.

read more... 18/03/2024

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Portugal 2030 solar goal not at risk despite project backlog

The Portuguese government recently approved a further 10-month extension for the connection of the around 2 GW of solar capacity awarded in 2019 and 2020 auctions, which should have been connected between the middle of last year and this year, respectively.

read more... 11/03/2024

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UK launches 4.5GW Celtic Sea floating wind lease auction

The UK’s Crown Estate has formally launched the Celtic Sea floating offshore wind leasing round to award leases for 4.5GW of generation capacity.

read more... 04/03/2024

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Daily (01.03.2024): European carbon prices plunged by more than 3% on Thursday following weak auction, selling pressure

Oil prices moved sideways on Thursday. Hence, Brent crude ended rather stable to bearish at $83.62 a barrel, as a higher-than-expected increase in US crude inventories put pressure on prices. WTI crude retreated by about 0.4% to end at $78.26 a barrel.

read more... 01/03/2024

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Spain starts consultation on new offshore wind rules

Spain has opened a public consultation on a new set of rules for offshore wind energy production, laying the groundwork for auctions of sea-based concessions, the Energy Ministry said on Monday.

read more... 27/02/2024

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