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Finnish wind power pipeline totals 121GW
Finland has a total of 121GW of new wind power capacity in line to be installed across the country, comprising 386 onshore wind projects and 32 offshore wind farms. But the bulk of these projects are still in the early phases of development, a report by the Finnish wind association said.
read more... 15/06/2023
Daily (14.06.2023): Gas prices soared on Tuesday as Nyhamna's gas outage was extended by more than three weeks
Crude oil prices gained ground on Tuesday on the back of lower-than-expected US inflation figures, which raised hopes of a pause in the Federal Reserve's interest rate hike. In addition, speculation about further Chinese economic recovery lent support. Hence, Brent crude increased by 3.4% to settle at $74.29 a barrel. At the same time, WTI crude traded 3.4% higher at $69.42 a barrel.
read more... 14/06/2023
EU tries to pass renewable energy deal, sources say ammonia exception eyed
EU countries hope to pass a deal on new renewable energy targets on Wednesday and are considering options including an exemption for certain ammonia plants, in an attempt to win over countries sceptical of the final law, diplomatic sources said.
read more... 14/06/2023
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The EU Could Ban Imports Of Russian Natural Gas By Pipeline
The European Union could move to ban imports of Russia’s pipeline gas by the end of this year if it puts preliminary measures in place, Walter Boltz, energy advisor to the Austrian government, has told Independent Commodity Intelligence Services (ICIS).
read more... 14/06/2023
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UK's SSEN to invest 10 billion pounds in electricity networks
Scottish and Southern Energy Networks (SSEN) Transmission will invest 10 billion pounds ($12.5 billion) in networks in Scotland which will enable the connection of up to 11 gigawatts of offshore wind projects, it said on Tuesday.
read more... 14/06/2023