Portugal's first auction of licenses to build offshore wind farms, set to be launched by year-end, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday.
read more... 31/05/2023
Crude oil prices rose on Monday after President Biden and House Speaker Kevin McCarthy were believed to have reached a preliminary agreement on lifting the debt ceiling. Brent crude added 0.2% to settle at $77.07 a barrel. WTI crude increased by 0.4% to trade $72.96 per barrel.
read more... 30/05/2023
In a bid to adapt to evolving market conditions, Ofgem is proposing to end the temporary multiple claim process for Last Resort Supply Payments (LRSPs).
read more... 30/05/2023
Italy’s Piombino floating LNG terminal (FSRU) could start commercial operations as early as mid-June once it receives authorisation for the injection of gas into Italy’s national grid, a spokeswoman from TSO Snam said.
read more... 30/05/2023
A transmission licence application has been made in Northern Ireland (NI) for a proposed new electricity interconnector, which aims to connect NI and Scotland around the end of the decade.
read more... 30/05/2023