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France to expand electricity interconnections with Ireland, Italy
Irish and French energy regulators confirmed that the Celtic Interconnector will be completed by 2027, despite a substantial re-evaluation of the project’s costs. The French grid operator also confirmed the partial launch of the Savoy-Piedmont electricity interconnection.
read more... 15/11/2022
Germany's upper house clears state relief on gas prices
The German Parliament's upper house - Bundesrat - on Monday approved the federal government's plan to cover December's gas bill for households and certain businesses. The payment is intended to bridge the gap until the planned introduction of the gas price brake next March.
read more... 15/11/2022
Slovakia's InoBat eyes electric vehicle battery plant in Serbia
Slovakian battery maker InoBat said on Monday it has signed declarations of intent with the Serbian government to build an electric vehicle (EV) battery factory in the Balkan country with a capacity of up to 32 gigawatt hours (GWh).
read more... 15/11/2022
Daily (14.11.2022): Oil prices rose on Friday due to stronger demand from China
The world's largest petroleum importer, China, is expected to experience increased economic activity and demand after the country's COVID-19 restrictions were partially loosened by the Chinese government. Consequently, oil prices rose on Friday, with Brent crude settling 2.5% higher at $95.99 a barrel. WTI was seen rising by 2.9% to $88.96 per barrel.
read more... 14/11/2022
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Equinor starts production at Norwegian floating wind farm
The Hywind Tampen floating offshore wind farm off the west coast of Norway, which will supply power to oil and gas fields and cut their emissions, started producing its first power on Sunday, Norwegian energy firm Equinor said on Monday.
read more... 14/11/2022