Latest news
Germany: 4,600 of 6,500 MW offshore grid connection capacity finalized – offshore surcharge stable
The offshore transmission system operators 50Hertz and TenneT have finalized offshore grid connections with a capacity of more than 4,600 MW in the North Sea and the Baltic Sea. That brings the offshore grid development closer to the EEG expansion objective of 6,500 MW for offshore wind by 2020.
read more... 23/10/2015
UK-Denmark power interconnector to be operational by end-2022
The first submarine power interconnector between Denmark and Britain is expected to be operational at the end of 2022, later than previously expected, according to the declarations made by grid companies.
read more... 23/10/2015
Daily: European spot power prices diverge, with German up and French declining
Crude oil prices edged higher on Thursday, spurred by a hike in gasoline and technical charts calling for stronger prices slashed by concerns about high U.S. crude stockpiles. Brent crude rose by 23 cents, or 0.5 percent, to settle at $48.08 a barrel. WTI crude boosted 18 cents, or 0.4 percent, to close at $45.38.
read more... 23/10/2015
China will purchase 33.5% stake in EDF’s Hinkley Point C nuclear facility in UK
China General Nuclear Power (CGN) has inked an investment deal with EDF for the building and operation of the suggested Hinkley Point C nuclear power station in Somerset, the country’s first new nuclear plant to be constructed in more than 20 years.
read more... 23/10/2015
Google will purchase stake in 310MW Lake Turkana wind farm in Kenya
Google has inked a deal to purchase 12.5% stake in the 310MW Lake Turkana wind farm in Kenya, from Danish wind turbine producer Vestas upon conclusion.
read more... 22/10/2015