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Europe
Crude Oil
2022-08-17
Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View
Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "resilient" Russian supplies.
Offshore Wind Power
2022-08-17
Massive Norfolk Offshore Wind Project Takes Step Forward
Vattenfall has awarded the contract for the onshore cable installation scope of wind farms off the coast of Norfolk.
Oil & Gas Supply
2022-08-16
Europe’s Efforts to Shield Households From Soaring Energy Costs
Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the security of gas supplies.
Natural Gas
2022-08-16
German Energy Market Would Collapse Without Gas Levy - Habeck
Germany had to introduce its new levy to help utilities cover the cost of replacing Russian supplies or else its energy market would collapse, Economy Minister Robert Habeck said on Monday.
Oil Field
2022-08-16
Norway’s Climate Choice: Old Oil, Gas Fields Switch to Green Power or Close Early
Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offshore platforms to cut their emissions, the country's Climate Minister Espen Barth Eide said.
Norway
2022-08-16
Norway Is Right to Preserve Hydropower Water Supply -German Chancellor
Norway is right to preserve water in its hydroelectric dams in order to secure the country's power supply, German Chancellor Olaf Scholz said while on a visit to Oslo on Monday.
Natural Gas
2022-08-16
Germany Hits 75% Gas in Storage Goal Ahead of Schedule
Germany reached in the middle of August its target to have its natural gas storage 75% full, two weeks ahead of plans, data from Gas Infrastructure Europe showed.
Crude Oil
2022-08-16
Switzerland Considers Switching to Oil for Power Plants
Amid a looming energy crisis, Switzerland could turn to oil for electricity production in the winter in case of an emergency, Swiss Energy Minister Simonetta Sommaruga told local newspaper SonntagsZeitung this weekend.
Natural Gas
2022-08-16
Heatwave Sends European Gas Prices Higher
Europe’s benchmark gas prices at the Dutch TTF hub increased by 2% to $215.50 per MWh on Monday.
Natural Gas
2022-08-16
German Households Will Foot the Bill for New Gas Tax
A new natural gas tax designed to keep importers afloat amid an energy crisis prompted by the war in Ukraine is set to cost German families, who will have to foot the bill for the tax, an extra $500 a year.
Electric Vehicle Battery
2022-08-16
CATL Announces Second European Battery Plant in Hungary
CATL is to build a new battery plant in Hungary. €7.34bn plant will be built in Debrecen and will supply both cells and modules to European automakers
Natural Gas
2022-08-16
Russian Gas Flows to Europe Stable
Warning signs are pictured in front of the gas compressor station, a part of Polish section of the Yamal pipeline that links Russia with western Europe which is owned by a joint venture of Gazprom and PGNiG but it is operated by Poland's state-own
Wind Farm
2022-08-15
Construction Begins on East Anglia Three Offshore Wind Farm
Spanish energy company Iberdrola has started the construction of the 1,400MW East Anglia Three offshore wind farm located off the coast of Norfolk, UK.
Offshore Wind Power
2022-08-15
RE: WIND 2022: Where the Wind Goes
International Wind Congress takes place in Berlin, Germany, on 7-8 November. It focuses on wind energy, and provides its participants - developers, operators, EPC(I)s, Electricity TSOs with a place to discuss their projects in a closed-door format.
Lithuania
2022-08-15
Flexibility Market Starts Development in Lithuania
Lithuania’s largest distribution system operator (DSO) Energijos Skirstymo Operatorius (ESO) is investigating the development of a local flexibility market.
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1
Hydro-Quebec Shares 300 MW Solar Tender Details
2
South Korea Launches 1.25GW Offshore Wind Tender
3
Kenya Opens Solar-Plus-Storage Tender
4
Norway’s First Floating Wind Tender Attracts Two Bids
5
Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
6
Thailand Opens 364 MW Solar Tender