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Scottish wind sale nets nearly $1 billion with Shell, BP among winners
BP , Shell and utility Iberdrola were among the winners of seabed rights to develop Scottish offshore wind projects, in an auction which raised nearly 700 million pounds ($958 million) for public spending.
read more... 18/01/2022
Daily (17.01.2022): Energy prices increased on Friday, supported by cold weather outlooks and news on EDF plans to curb the French nuclear output
Crude oil prices were bullish on Friday, reaching their highest in two and a half months, amid data showing that the production of black gold from OPEC+ may struggle to meet a rise in demand. As such, both Brent oil and WTI crude settled around 2% higher at $86.06 a barrel and $83.82 a barrel, respectively.
read more... 17/01/2022
Emissions set to rise with global power demand
Global electricity demand over the next few years is set to slow after a record 2021 but will still result in higher carbon emissions without rapid gains in low-carbon supply and energy efficiency, the International Energy Agency (IEA) said on Friday.
read more... 17/01/2022
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Germany To Become Net Power Importer For The First Time Since 2002
Europe’s largest economy, Germany, is expected to become a net importer of electricity in 2023 for the first time since 2002 due to retiring coal plants and the nuclear phase-out, the International Energy Agency (IEA) said on Friday.
read more... 17/01/2022
Italy prepares energy package to curb surging bills
Italy is preparing measures, including an increase in domestic gas output, to try to lower surging energy bills, four government and political sources told Reuters on Friday, adding the measures could be approved as early as this month.
read more... 17/01/2022