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Daily (05.04.2023): Spot electricity prices in Europe gained ground on Tuesday due to declining wind power output

Oil prices ended Tuesday’s session rather flat to bullish, failing to capitalize further on surprise output cuts by several members of the OPEC+ alliance, with the market more concerned about demand than supply. As a result, Brent crude ended at $84.94 a barrel, while WTI crude edged around 0.4% higher to settle at $80.71.

read more... 05/04/2023

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‘UK’s largest’ offshore windfarm plan accepted for determination

SSE Renewables has submitted plans for what is described as the UK’s largest offshore wind farm to East Lothian Council and the Scottish Government for determination.

read more... 03/04/2023

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Dutch grid company awards $25bn in contracts to connect North Sea wind farms to shore

Dutch state-owned grid company TenneT has awarded 11 contracts worth a combined total of $25bn (€23bn) for the development of systems connecting wind farms in the North Sea to shore.

read more... 31/03/2023

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Scottish project to use surplus wind for 3GW hydrogen

UK-based energy storage company Statera plans to develop a 3GW grid-connected electrolysis project near Aberdeen to turn surplus offshore wind power in Scotland into hydrogen, the company said today.

read more... 31/03/2023

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EnBW takes €2.4bn final investment decision on He Dreiht

EnBW has taken the final investment decision (FID) on its 960MW He Dreiht offshore wind project in the German North Sea, clearing the way for construction to begin.

read more... 24/03/2023

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