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Prysmian and Siemens Energy win UK-Germany power link contract
The NeuConnect consortium has awarded contracts worth £1.5bn ($1.95bn) to Prysmian Group and Siemens Energy to deliver cabling works and converter stations for the first subsea power link between the UK and Germany.
read more... 13/04/2022
Bulgaria and Greece advance nuclear project talks
Bulgaria and Greece have progressed in their talks about constructing a nuclear power plant, but the liability issue in case of an accident remains unresolved, according to EURACTIV’s partners in Sofia and Athens.
read more... 12/04/2022
Denmark could add 8 GW renewables by 2027
Denmark’s power grid can already handle 4 GW of additional onshore wind and solar output, a figure that could double by 2027 due to ongoing grid infrastructure improvements, TSO Energinet said on Monday.
read more... 12/04/2022
Russian oil embargo could be part of next EU sanctions package
The European Union’s executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday (11 April), although there is still no agreement to ban Russian crude.
read more... 12/04/2022
Daily (12.04.2022): Brent crude fell below $100 a barrel on Monday amid Covid outbreak in China
Crude oil prices fell on Monday, with Brent slipping below $100 a barrel as the Covid outbreak reached record levels in China, raising concerns about oil demand. Hence, Brent crude dropped by $4.30, or 4.2%, to settle at $98.48 a barrel, its lowest close since March 16. WTI crude fell by $3.97, or 4.0%, to settle at $94.29 a barrel.
read more... 12/04/2022