Britain said it is considering ways to support combining electricity generated using biomass, such as wood pellets, with technology to capture and store the resulting carbon emissions.
read more... 12/08/2022
The International Energy Agency has modestly raised its global demand outlook for this year due to a surge in oil use for power generation and gas-to-oil switching in the wake of soaring European natural gas prices.
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German utility RWE will restart three lignite units – Neurath C (292 MW), Niederaussem E (295 MW) and F (299 MW) – from 1 October, with the facilities currently in reserve, the company said on Thursday.
read more... 12/08/2022
As investors hurried to riskier assets in response to lower-than-expected U.S. inflation statistics and promising news on U.S. gasoline consumption, oil prices gained ground on Wednesday, recovering from losses early in the day. Thus, Brent crude oil price settled 1.1% higher at $97.40, WTI crude rose by 1.6% to settle at $91.93 a barrel.
read more... 11/08/2022
Sweden overtook France as Europe's largest net power exporter in the first half of 2022, as deep-rooted problems reduced French nuclear availability to historic lows, Energy analysts EnAppSys said on Wednesday.
read more... 11/08/2022