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Shetland link supplier announced

Hitachi ABB Power Grids has won the order from Scottish and Southern Electricity Networks Transmission, part of the UK energy major SSE plc, to enable Europe’s first multi-terminal high-voltage direct-current (HVDC) interconnection.

read more... 05/08/2020

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E.ON forecasts reduction in energy bills of at least £85 from Autumn

The energy supplier says this change is due to the ‘dramatic’ fall in energy demand during the lockdown

read more... 05/08/2020

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Assembly of world’s largest nuclear fusion reactor begins in France

A total of 35 nations are currently collaborating to build tokamak, a magnetic fusion device, which aims to demonstrate the real potential of fusion as a large scale carbon-free source of energy

read more... 30/07/2020

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Daily (29.07.2020): British gas prices gained ground on Tuesday amid lower Norwegian flows and higher carbon prices

Crude oil futures ended lower on Tuesday as market players continue to fret over the impact of COVID-19 on energy demand ahead of weekly petroleum supply data expected to show a further rise in U.S. crude inventories. Hence, Brent crude slipped by 19 cents, or 0.4%, to settle at $43.22 a barrel, while U.S. WTI crude futures declined by 56 cents, or 1.4%, to settle at $41.04 a barrel.

read more... 29/07/2020

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Sweden's Lundin Energy Q2 operating profit lags despite record output

Swedish oil firm Lundin Energy , a partner in Norway’s giant Johan Sverdrup oilfield, reported on Wednesday a worse-than-expected operating profit, despite producing record output in the quarter.

read more... 29/07/2020

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