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Denmark to treble power demand by 2035
Denmark’s annual power demand could treble to 127 TWh by 2035, fuelled by a surge of electrolysers using wind and solar power to create hydrogen and other green fuels, said the nation’s energy agency in a new study.
read more... 16/10/2023
Daily (13.10.2023): UK gas prices surged on Thursday amid heightened geopolitical risk in the Middle East, colder weather forecast
Oil prices ended mixed on Thursday, with WTI crude weighed down by a surprise and massive rise in US crude inventories, which has raised fears about global oil demand. US Commercial crude inventories surged by 10.2 million barrels last week. As a result, WTI crude ended at $82.91 per barrel, down 0.7% day-on-day. On the other hand, Brent crude moved sideways at $86.00 per barrel.
read more... 13/10/2023
France to force shops, offices to turn off lights
France will force commercial premises such as shops and offices to switch off lights as part of new measures aimed at cutting power demand, energy minister Agnes Pannier-Runacher said on Wednesday.
read more... 13/10/2023
UK weighs one-off increase to energy price cap to aid suppliers
Britain's energy regulator is considering a one-off increase to its price cap on energy bills to reduce the risk of suppliers going bust amid record levels of customer energy debt, it said on Thursday, in a proposal condemned by consumer campaigners.
read more... 13/10/2023
Orlen makes FID on 1.2GW Baltic Power offshore wind project
Polish oil and gas company Orlen has taken the final investment decision (FID) on the 1.2GW Baltic Power offshore wind farm in the Baltic Sea.
read more... 13/10/2023