Russia resumes gas delivery to Belarus
Dispute could rumble on due to transit fees, Lithuania and Poland move to limit the future impact of supply disruptions with new pipeline.
Dispute could rumble on due to transit fees, Lithuania and Poland move to limit the future impact of supply disruptions with new pipeline.
Dong Energy awards Siemens the 111 wind turbine order for the world’s largest offshore wind farm.
Crude oil and natural gas rise on the back of positive EIA inventory data, traders looking to US non farm payroll report, J-Power looks to South Africa for long-term coal supplies and German power edges up on lower wind output.
Unless otherwise stated, all prices are for the close of May 6.
German power: €54.47/MWh, up 1.72 per cent
Coal: €103.07/t, up 0.89 per cent
Natural gas: GB37.64p/therm, up 3.45 per cent
EUAs for December 2010 delivery: €16.19/t, up 1.19 per cent
CERs for December 2010 delivery: €14.02/t, up 0.72 per cent
Brent crude oil futures for front month 2010 delivery: …
Germany’s first offshore wind farm, Alpha Ventus, has been formally commissioned. Located 45km off the coast of Borkum island in the North Sea, the wind park was constructed by a consortium of EWE, E.ON and Vattenfall Europe.
It consists of 12 offshore wind turbines with a capacity of 5MW, supplied by Areva and REpower. The project …
E.ON (XETRA: EOAN.DE) has awarded Siemens Energy, part of Siemens AG (XETRA: SIE.DE), the contract for the supply of 87 SWT-2.3-101 wind turbines with an individual rated capacity of 2.3MW for its Papalote Creek II wind power plant in San Patricio County, Texas, USA.
Steve Trenholm, CEO of E.ON Climate & Renewables North America, said: “We …
Construction has started on the 1224km Nord Stream natural gas pipeline, which will connect Russian natural gas reserves to Europe. The building process will require the welding and installation of 100,000 section of pipe, each 12m in length. Saipem’s (Milan: SPM.MI) pipe-lay vessel Castoro Sei is presently putting down 2.5km of pipeline per day.
In the …
German utility EWE AG and Enova GmbH & Co KG has awarded Siemens Wind Power A/S, part of the German engineering group Siemens AG (XETRA:SIE.DE), the contract to supply wind turbines for the Riffgat wind park in the North Sea. The order consists of 30 3.6MW wind turbines.
The wind farm, one of the first …
Germany’s government is pushing to extend the lifespan of some of the country’s nuclear power plants to 60 years despite criticism that the move would endanger the safety of citizens and slowdown the advance of renewable energy sources.
Last week, a government-backed agreement between the environment and finance ministries added 20 years to the term laid …
General Electric Co (NYSE:GE) plans to invest EUR340m (US$453m) in developing and expanding wind turbine operations in the UK and three other European countries. About one-third of the funds will be invested in an offshore-turbine factory in the UK with smaller investments in Norway, Germany and Sweden by 2016.
“What you see going on in Europe …
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