2022-05-05 14:35:00
EUROPEAN WIND INVESTMENT €41 BLN, 24.6 GW
ENERDATA - 5 May 2022 - In 2021, €41bn was invested to build new wind plants in Europe, according to Wind Europe, financing a record 24.6 GW of new capacity. In addition, more than 17.3 GW of wind projects changed hands with around €15.6bn of project acquisition. 19 GW of new wind projects were financed in the European Union, well below the required rate of 32 GW/year to meet the current 40% renewable energy targets by 2030. The UK invested the most in new wind plants in 2021, with the final investment decisions (FIDs) taken on Sofia (1.4 GW) and Dogger Bank C (1.2 GW) offshore wind projects raising €8.8bn of capital, followed by Germany and France.
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Earlier:
2022, April, 29, 12:00:00
EUROPEAN GHG EMISSIONS UP
In 2021, GHG emissions from the power sector rose by more than 8.3%, as the economic recovery fuelled the electricity demand - it returned to its 2019 level - and as the surge in European gas prices incited power generation groups to shift from gas to coal.
2022, April, 28, 14:05:00
EUROPE PLAN TO PAY IN RUBLES
Gas distributors in Germany, Austria, Hungary and Slovakia are planning to open rouble accounts at Gazprombank in Switzerland in order to satisfy a Russian requirement for payments in its own currency
2022, April, 28, 13:50:00
EUROPE WITHOUT RUSSIAN OIL
An oil price cap is one of a number of proposals being discussed as EU ambassadors prepare for talks in coming days about more sanctions on Moscow — the sixth such package since Vladimir Putin ordered the invasion of Ukraine two months ago.
2022, April, 27, 11:45:00
EUROPEAN GAS PRICES UP
"As of the end of the business day on April 26, Gazprom Export had not received payments for gas supplies in April from Bulgargaz (Bulgaria) and PGNiG (Poland) in rubles," Gazprom said in a statement.
2022, April, 26, 14:20:00
EUROPEAN GAS PRICES DOWN
Traders are keeping a close watch on whether a resolution can be found on the Kremlin’s demand to be paid in rubles for its gas. European Union lawyers have said the new mechanism violates existing sanctions, and Russian President Vladimir Putin has warned that flows could be cut if the terms aren’t met.
2022, April, 11, 13:20:00
EUROPEAN ENERGY PRICES UP
The German year-ahead baseload traded as high as Eur197.75/MWh, a new high for the 2023 contract, while year-ahead coal into Europe traded at $230/mt, EEX and ICE exchange data showed.
2022, February, 24, 12:20:00
EUROPEAN GAS PRICES WILL UP
“Welcome to the new world where Europeans will soon have to pay 2,000 euros ($2,270) per thousand cubic meters!” he tweeted – suggesting prices were set to double.
