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Denmark’s latest offshore wind tender fails to attract bids

Denmark’s latest offshore wind farm tender in the North Sea has received no bids – a setback for the global offshore wind industry, as reported by Reuters.

read more... 09/12/2024

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UK in talks with additional investors for Sizewell C nuclear plant

The UK government is in discussions with investors outside the core group of existing bidders for an interest in the Sizewell C nuclear plant, as negotiations to finalise the project’s funding proceed.

read more... 09/12/2024

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PGE delays closure of 0.9 GW Rybnik coal plant to 2027

Two of Rybnik’s currently operating units will be used until the end of June 2026 and the other two will still be operational in 2027, PGE said after its CEO Dariusz Marzec met with state asset minister Robert Kropiwnicki and strategic infrastructure minister Wojciech Wrochna.

read more... 09/12/2024

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Daily (06.12.2024): Energy prices were slightly bearish on Thursday amid high renewables and milder weather

Oil prices fell slightly on Thursday despite the OPEC+ alliance's decision to postpone its production increase by a quarter, as traders minimized its perceived impact on supply. Brent crude closed at $72.09 per barrel, while WTI crude edged down at $68.30 per barrel.

read more... 06/12/2024

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UK clarifies 2030 energy target as 95% green power

UK Prime Minister Keir Starmer has clarified that his government’s pledge to achieve a net-zero energy sector by 2030 does not necessarily mean 100% clean power, and that the country will instead aim for 95% low carbon energy by 2030.

read more... 06/12/2024

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