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Orsted pulls out of Norway offshore wind consortium

Orsted  has pulled out of a consortium that was due to bid for offshore wind projects in Norway ahead of a pre-qualification deadline, one of its partners said on Monday.

read more... 14/11/2023

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Construction starts on electricity link between France, Ireland

Construction on a high-voltage subsea cable able to carry enough power for 450,000 homes, with the aim of boosting energy security and helping to reduce bills, began on Monday between France and Ireland.

read more... 14/11/2023

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Daily (13.11.2023): Oil prices extended gains on Friday amid concerns of Middle East tensions and anticipation of OPEC production cut extension

On Friday, oil prices experienced a notable upswing as investors took precautionary measures leading into the weekend, driven by uncertainties surrounding the Middle East conflict and the market's expectation of an extended OPEC+ production cut. Consequently, Brent crude settled at $81.43 a barrel, while WTI crude closed at $77.17 a barrel, both contracts climbing by about 2%.

read more... 13/11/2023

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EC allows Italy to extend EUR 1.7bn in state aid to agrivoltaics

The European Commission (EC) has given the go-ahead to Italy for its EUR-1.7-billion (USD 1.82bn) state aid scheme targeting dual-use projects combining solar power generation and agricultural activities, better known as agrivoltaic plants.

read more... 13/11/2023

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Germany boosts the independence of its electricity grid regulator

The 2021 ruling from the EU’s top court said the country’s energy network regulator was not sufficiently independent from the government.

read more... 13/11/2023

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