Wind power edges out gas in Ireland

29/04/2020 10:12 Wind


Wind energy was Ireland’s number one source of electricity throughout Q1 2020, according to government data.

During the first quarter of this year, wind energy provided 3390GW of electricity – 43.8% of demand – compared to 3234GW for natural gas – 41.8%.


Connelly urged the Irish government to ensure it has the right policies in place to enable industries to reach the target set out in the Climate Action Plan to provide 70% renewable energy by 2030.


The 3390 GW of electricity wind provided in Q1 2020 is equivalent to the annual power demand of 737,000 Irish homes.


Daily (06.07.2020) NBP spot plunged by almost 5% on Friday influenced by an upward revision of the French nuclear output.

06/07/2020 10:40:00

Crude oil prices lost momentum on Friday, on renewed fears over global fuel demand as U.S reported a surge in coronavirus cases. Nevertheless, signs of improving global economy and OPEC+ record high supply cuts limited the loss. As a result, Brent crude decreased by 0.8% to $42.80 a barrel. Similarly, WTI futures traded 1% lower at $40.24 a barrel.


Swinoujscie terminal receives 100th LNG shipment

06/07/2020 10:05:00

The Swinoujscie gas terminal in north-western Poland received its 100th liquefied natural gas cargo on Friday. The 90,000 tonnes LNG shipment came from Qatar Liquefied Gas Company Limited (Qatargas) aboard the Al-Safliya LNG tanker.


Russia's Novak sees global oil output cuts easing from August

06/07/2020 09:56:00

Russian Energy Minister Alexander Novak said on Thursday that the OPEC+ group of oil producers is expected to start easing oil output cuts from August as previously agreed.