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Poland’s PPA price cap harms green operators
Poland’s plans to cap prices for green generators in power purchase agreement (PPA) deals will seriously hamper their profitability, market participants told Montel.
read more... 17/11/2022
EU interventions hampering green investment
EU interventions aimed at mitigating soaring wholesale gas and power prices were denting investment appetite into renewables, even as high prices should be incentivising such opportunities, analysts at the ratings agency Moody’s said on Wednesday.
read more... 17/11/2022
Daily (16.11.2022): NBP gas contracts rose amid weaker supply and colder weather forecasts
Tuesday saw a rise in oil prices following U.S. statistics that suggested that inflation may start to drop, which would be favorable for oil demand. As a result, Brent crude settled 0.8% higher at $93.86 a barrel. WTI crude increased by 1.2% to $86.92 per barrel.
read more... 16/11/2022
Germany inaugurates first new LNG terminal
The German government inaugurated its first floating terminal on Tuesday (15 November), built in record time and intended to receive liquefied natural gas as part of Berlin’s plan to replace Russian gas, with the first regasification ship set to dock in mid-December.
read more... 16/11/2022
Wien Energie to build first geothermal heating plant in Vienna, Austria
The green light has been given to proceed with the first geothermal heating project in Vienna, Austria. This project will be undertaken by Vienna’s city utility, Wien Energie, and will see the construction of a geothermal heating plant on the outskirts of Seestadt Aspern.
read more... 16/11/2022