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Norway approves connection of Western Europe's largest LNG plant to grid
Norway has approved a plan to connect Equinor's Hammerfest liquefied natural gas (LNG) plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition, the government said on Tuesday.
read more... 09/08/2023
EU greenlights France’s €1.5bn aid to support innovative EV batteries
The European Commission has given the green light for France to provide €1.5 billion (£1.3bn) of state aid to support research and development of innovative batteries for electric vehicles (EVs).
read more... 09/08/2023
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SSEN selects preferred bidders for £10bn power network upgrade
SSEN Transmission has chosen preferred bidders to deliver critical elements for its £10bn ($12.6bn) Pathway to 2030 network investment plans.
read more... 09/08/2023
Daily (08.08.2023): Germany recorded seven hours of negative power with a low of -9.99 EUR /MWh amid elevated wind output
Crude oil prices fell on Monday as a result of reduced demand for gasoline in the US, following the end of the summer driving season. Furthermore, the expansion of Chinese strategic oil reserves added downward pressure on prices. Thus, Brent crude dropped by 1.1% to end at $85.34 a barrel. Meanwhile, U.S. WTI crude declined by over 1% to settle at $81.94 a barrel.
read more... 08/08/2023
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New Zealand is partnering with BlackRock in aim to reach 100% renewable electricity
New Zealand's government said Tuesday it will partner with U.S. investment giant BlackRock in its aim to become one of the first nations in the world to have its electricity grid run entirely from renewable energy.
read more... 08/08/2023