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UK, Netherlands plan cross-border power link to boost energy security
The Netherlands and Britain plan to build what would be Europe's biggest cross-border electricity link connected to an offshore wind farm, their energy ministers said on Monday, part of efforts to boost energy security.
read more... 24/04/2023
European summit to spur wind energy production in North Sea
Nine European countries are holding a summit Monday aimed at scaling up wind power generation in the North Sea, spurred by the fall-out of the Ukraine war and the push for renewables.
read more... 24/04/2023
Daily (21.04.2023): Oil prices plunged to their lowest level since late March amid recession fears
Oil prices plummeted to their lowest level since late March on Thursday, weighed by increased worries about a possible recession. Brent crude slumped by 2.4% to $81.10 a barrel. WTI crude declined by 2.3% to $77.37 a barrel.
read more... 21/04/2023
EU, Norway plan cooperation on carbon capture, hydrogen
The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe, according to a draft "alliance" plan.
read more... 21/04/2023
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Germany expands energy grid for offshore wind farms in North Sea
A 7 billion euro deal to connect offshore wind farms in the North Sea to the German energy grid has been signed by Siemens Energy and Spain's Dragados Offshore, the two companies announced.
read more... 21/04/2023