Recent Posts

Germany eyes arrival of first LNG vessel to ease gas crunch

Bloomberg Germany’s first liquefied natural gas terminal is about to arrive on the country’s north coast, the first of several specialist tankers Berlin is counting on to ease its energy crisis. The Hoegh Esperanza, a floating storage and regasification unit, or FSRU, is scheduled to land at Wilhelmshaven on Saturday, according to the German Economy Ministry. The vessel, which converts ...

Read More »

Octopus Energy inks deal with Shell to buy power from giant wind farm

Bloomberg Octopus Energy Ltd. signed a power-purchase agreement with Shell Energy Europe Ltd. to buy electricity from what will be the world’s largest offshore wind farm once built. Shell, which has offtake agreements for 20% of the energy produced by the Dogger Bank project off northeast England, will supply Octopus with as much as 2.4 terawatt-hours a year, starting in ...

Read More »

UK’s National Grid to test reserve coal-fed power unit

Bloomberg The UK’s National Grid Plc will run a test of one of the country’s coal-fired power generators that’s being kept in reserve to boost supplies this winter. A Drax Group Plc unit will start up and generate as much as 300 megawatts as the grid operator checks that contingency tools are ready and working if needed. Temperatures plummeted to ...

Read More »
Send this to a friend