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UK’s Ofgem approves grid amnesty for 8GW of projects
The Office of Gas and Electricity Markets (Ofgem), the energy regulatory authority in the UK, and the UK’s electricity transmission operator National Grid ESO have agreed to connect backlog projects to the grid.
read more... 17/08/2023
Dutch court rules huge carbon capture project can go ahead
The Netherlands' highest court on Wednesday ruled that construction of a major carbon capture project in the Rotterdam port area can go ahead, despite objections by environmental activists.
read more... 17/08/2023
Daily (16.08.2023): Oil prices extended losses on Tuesday amid various disappointing economic data surrounding Chinese economic outlook
Oil prices extended losses on Tuesday amid various disappointing economic data surrounding Chinese economic outlook. Worries about the stability of the U.S. financial system also contributed to the decline. As a result, Brent crude dropped by 1.5% to $84.89 a barrel, while WTI crude fell by 1.8% to settle at $80.99 a barrel.
read more... 16/08/2023
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Tricastin 1 cleared for ten more years
Unit 1 of the Tricastin nuclear power plant in southern France can operate for a further ten years, the country's nuclear safety regulator, the Autorité de Sûreté Nucléaire (ASN), has decided. It becomes the first French power reactor licensed to operate beyond 40 years.
read more... 16/08/2023
Norway floating wind farms may be profitable by 2035
Floating offshore wind turbines in Norway could prove profitable for developers as early as 2035, removing the need for government subsidies, Boston Consulting Group (BCG) said on Tuesday.
read more... 16/08/2023