The German government inaugurated its first floating terminal on Tuesday (15 November), built in record time and intended to receive liquefied natural gas as part of Berlin’s plan to replace Russian gas, with the first regasification ship set to dock in mid-December.
read more... 16/11/2022
The green light has been given to proceed with the first geothermal heating project in Vienna, Austria. This project will be undertaken by Vienna’s city utility, Wien Energie, and will see the construction of a geothermal heating plant on the outskirts of Seestadt Aspern.
read more... 16/11/2022
Germany will make €550mn ($572mn) available to help establish green hydrogen projects in developing countries through two new investment funds.
read more... 16/11/2022
A stronger US dollar put downward pressure on crude oil prices on Monday. Moreover, an increase in coronavirus cases in China dashed hopes for a speedy reopening of the world's largest crude importer. As a result, Brent crude dropped by 3%, to end at $93.14 per barrel, while WTI fell by 3.5% to $85.87 a barrel.
read more... 15/11/2022
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