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EU to set 2050 offshore wind target at 300 GW, ocean energies at 60 GW?

Rumour has it that the European Commission is considering a massive increase in installed offshore renewable energy capacity by 2050, with as much as 300 GW of offshore wind, and 60 GW of ocean energies to be in place by that time.

read more... 17/11/2020

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French weekly power exports soar on low domestic demand, nuclear gains

French power exports surged 63% week on week to average 10.3 GW for the seven days to Nov. 15 (week 47) as nuclear production ramped up and domestic demand remained low, according to system data.

read more... 17/11/2020

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SSE, Scottish Power, National Grid to develop 4 GW power link

The multi-billion pound project, called the Eastern Link, will comprise two 2 GW subsea high-voltage direct current cables

read more... 17/11/2020

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Daily (16.11.2020): NBP spot increased by 3% on Friday due to continued outage at a Norwegian gas field

Oil prices were bearish on Friday, as reports showed a decrease in global demand for black gold. Consequently, Brent crude ended at $42.78 a barrel, or 1.7% down from Thursday’s close, while WTI oil dropped by 2.4% to $40.13 a barrel.

read more... 16/11/2020

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UK set to move petrol and diesel ban forward to 2030

Prime Minister Boris Johnson is expected to move the ban on sales of new petrol and diesel cars forward to 2030, as part of a raft of new policy announcements to drive the UK towards its net-zero target

read more... 16/11/2020

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