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Norway exports 3.5 TWh to UK in power cable’s debut year
Norway had a net export of 3.5 TWh to the UK through the 1.4 GW North Sea Link (NSL) during the interconnector’s first twelve months of operation, UK TSO National Grid said on Thursday.
read more... 21/10/2022
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Greece proposes power link to Austria, Germany
Greece has proposed building a cable that will carry electricity produced by renewables to Austria and southern Germany, its Energy Minister said on Thursday.
read more... 21/10/2022
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France, Spain and Portugal agree to build Barcelona-Marseille gas pipeline
Spain, Portugal and France said on Thursday they will build a sea-based pipeline to carry hydrogen and gas between Barcelona and Marseille, substituting plans to extend the so-called MidCat pipeline across the Pyrenees that France opposed.
read more... 21/10/2022
Oil prices climbed on Wednesday following a weekly drop in US crude stocks
Oil prices climbed on Wednesday, following a weekly drop in US crude stocks and a rise in demand from the nation with the highest oil consumption. Consequently, Brent crude increased by 2.6% to $92.41 a barrel, and WTI oil rose by 3.3% to $85.55 a barrel.
read more... 20/10/2022
Germany to cap electricity prices by taxing excess profits
Germany's government plans to introduce a cap on electricity prices for households and industry to ease the impact of soaring energy costs, a ministry document seen by Reuters on Wednesday showed.
read more... 20/10/2022