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Dutch grid company awards $25bn in contracts to connect North Sea wind farms to shore
Dutch state-owned grid company TenneT has awarded 11 contracts worth a combined total of $25bn (€23bn) for the development of systems connecting wind farms in the North Sea to shore.
read more... 31/03/2023
Scottish project to use surplus wind for 3GW hydrogen
UK-based energy storage company Statera plans to develop a 3GW grid-connected electrolysis project near Aberdeen to turn surplus offshore wind power in Scotland into hydrogen, the company said today.
read more... 31/03/2023
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Electric grids need major upgrades to aid global energy transition
Modern electricity grids that can optimize clean power production from a constantly changing flux of renewable and fossil energy sources will play a vital role in enabling global energy transition efforts.
read more... 31/03/2023
Daily (30.03.2023): Oil prices retreated on Wednesday, dampened by profit taking and refinery shutdowns in France, despite a sharp rise in US demand
Oil prices retreated on Wednesday, dampened by profit taking and refinery shutdowns in France, which more than offset the weekly report from the U.S. Energy Information Agency (EIA) that commercial crude inventories shrank by 7.5 million barrels. Thus, Brent crude fell by 0.5% to $78.28 a barrel, while WTI crude edged 0.3% down at $72.97.
read more... 30/03/2023
Nuclear dispute hangs over EU renewable energy talks
The European Union enters the final stage of tense talks over how to treat hydrogen produced using nuclear power on Wednesday, in an effort to end a dispute that threatens to thwart a deal on more ambitious renewable energy goals.
read more... 30/03/2023