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Europe
Energy Storage Battery
2020-12-26
Consent Granted for the UK’s Largest Battery Energy Storage Project
Edinburgh-headquartered independent energy company InterGen has been granted consent for the UK’s largest battery energy storage project.
Brexit
2020-12-25
Finnish-British Trade has Declined Before Brexit
Imports from January to September totaled 1.2 billion euros, a drop of less than 4%.
Thermal Plant
2020-12-25
TPP Ugljevik Takes Desulfurization Unit Offline on Lack of Operation Permit
Coal mine and thermal power plant complex in Ugljevik has lifted its power prices by 15% due to the launch of its desulfurization unit, but the extension can’t regularly work until an operation permit is obtained.
Wind Farm
2020-12-25
Hidroelectrica Buys Crucea Wind Farm from Steag
Romanian hydropower producer Hidroelectrica has acquired Crucea wind farm as part of a strategy to diversify its portfolio with renewables.
Brexit
2020-12-25
Brexit Process Finally Ends in Deal
The United Kingdom and the European Union have agreed a narrow post-Brexit trade deal that will shape their economic relationship for years to come.
Oil Price
2020-12-25
Oil Moves Higher on Brexit Deal, U.S. Inventory Draw
Oil prices moved higher on Thursday as news that Britain and the European Union had signed a post-Brexit trade deal, as well as a draw in U.S. inventory sparked optimism.
Hydrogen Project
2020-12-24
Castleton Commodities Backing Green Hydrogen Project in Europe
Castleton Commodities International LLC, an energy commodities firm, has announced that it is backing the first green hydrogen project in Europe co-located at an existing combined cycle gas turbine power plant, the Amorebieta-Boroa CCGT.
Nuclear Power Plant
2020-12-24
Belarus Unit Starts Pilot Operation
Unit 1 of the first nuclear power plant to be built in Belarus started pilot operation yesterday, Russia's Rosatom has announced.
Substation
2020-12-24
Plans to Commission Belarus' First 330kV Digital Power Substation in 2021
The country's first 330kV digital power substation will be commissioned after reconstruction in 2021, BelTA learned from Belarusian Energy Minister Viktor Karankevich on 21 December.
Crude Oil
2020-12-24
Russia’s Crude Oil Exports Drop 10% In January-October
Due to lower demand and the OPEC+ deal, Russia’s crude oil exports declined by 10.4 percent in volume year over year in January to October, data from the Russian federal customs, cited by local cargo analytics outlet SeaNews, showed.
Oil Pipeline
2020-12-24
Nord Stream 2 to Start Laying Gas Pipes in Danish Waters
The Russia-led Nord Stream 2 consortium is expected to start laying gas pipes in Danish waters after construction was suspended for a year owing to the threat of sanctions from the United States.
Oil & Gas Trade
2020-12-23
Gazprom lifts Ukraine January Gas Transport Bookings
Russia's state-controlled Gazprom has booked considerably more gas transport capacity through Ukraine for January, although overall booked capacity is still set to fall from December.
Solar Power Plant
2020-12-23
First floating solar power plant project initiated in Greece
PPC Renewables plans to install floating solar power plants with 50 MW in total, starting with one of the largest lakes in Greece.
Nuclear Power Plant
2020-12-23
Polish Group Calls on Germany to Reverse Nuclear Phaseout
Polish climate and environmental activists are asking Germany to reconsider its 2011 decision to phase out nuclear power.
OPEC
2020-12-23
Russian Energy Ministers Tells Biden Not To Disturb Oil Markets
Joe Biden’s presidency will hopefully not interfere with OPEC+ actions taken to rebalance oil markets, Russian Deputy Prime Minister and former Energy Minister Alexander Novak said this week.
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