Latest news

N. Macedonia plans to invest 750 mln euro in Greek LNG terminal, power plant

North Macedonian state-owned companies National Energy Resources (NER) and ESM signed Memoranda of Cooperation (MoC) to invest in a project for the construction of a floating liquefied natural gas (LNG) terminal and a gas-power plant off the coastal city of Alexandroupolis in Greece, the government in Skopje said.

read more... 02/04/2021

news

Russia to remain dominant gas supplier for Europe to 2040

Russia is set to remain the dominant gas supplier to Europe up to 2040, according to the latest long-term European gas outlook from S&P Global Platts Analytics.

read more... 01/04/2021

news

G20 flexibility needs assessed at 3,500 GW for 100% renewable energy systems

The G20 countries will need over 3,500 GW of flexible capacity to run 100% renewable energy systems at least cost, gas engine and battery storage manufacturer Wärtsilä said March 31.

read more... 01/04/2021

news

European power prices to ease after 2023 on lower gas prices, renewable capacity gains

European power prices are forecast to remain at current elevated levels until 2023 on capacity closures, slight demand gains and rising carbon prices, according to S&P Global Platts Analytics.

read more... 31/03/2021

news

Norway readies first offshore wind tenders to spur oil industry transition

Norway will press ahead with North Sea wind power this year, awarding its first development licences as it spurs the transition of its oil and gas industry and despite its already plentiful renewables supply.

read more... 30/03/2021

news