US Judge weighs Dominion's request to restart Virginia offshore Wind Project Stopped by Trump
In a lawsuit filed against the Trump administration, a federal judge will decide on Friday whether to allow Dominion Energy?to resume construction on its $11.2 billion Virginia offshore wind project. This hearing will be the third in a row this week that a federal judge will consider a challenge to an Interior Department order from December 22, filed by a developer of offshore wind. Dominion’s?Coastal Virginia Offshore Wind?
What excites and concerns LNG exporters by 2026? Maguire
In 2025, the LNG industry will make history after exports and production of super-chilled fuel broke records and generated billions in revenue across the global supply chain. Gas sellers were encouraged by the 25% increase in LNG purchases in Europe. This was an important development and raised expectations that gas consumption in countries like Germany, Italy and United Kingdom will continue to grow in 2026.
What excites and concerns LNG exporters by 2026? Maguire
In 2025, the LNG industry will make history after the production and exports of super-chilled fuel broke records and generated billions in revenue across the global supply chain of liquefied gas. The 25% increase in LNG purchases in Europe was a major highlight. This gave gas sellers hope that gas consumption in countries like Germany, Italy and the United Kingdom will continue to grow in 2026.
India's clean-energy industry opposes the revocation due to delays
NEW DELHI (Jan 15) - India’s renewable energy groups objected to a proposed regulatory measure that could strip developers from interstate transmission system connectivity if they fail to sign long-term power purchasing agreements in a timely manner, according?to letters sent?to India’s power regulator. The groups said that the Central Electricity Regulatory Commission (CERC)'s move would unfairly punish projects that are stalled due to reasons outside their control.
Germany will tender 12 gigawatts in new power plant capacity by 2026
On Thursday, Germany announced that it had reached an agreement with the European Commission regarding a plan to build power plants. It added that it would be tendering 12 gigawatts of capacity by 2026 with a particular focus on gas-fired facilities. This is a significant step in Germany's quest to ensure security of supply, given the country's ongoing phase-out coal-fired capacity.
India's clean-energy industry opposes the revocation due to delays
NEW DELHI (Jan 15) - India’s renewable energy groups objected against a proposed regulatory measure that could 'deprive developers of interstate system connectivity if they fail to sign long-term power purchase agreements in a timely manner, according to letters sent to the power regulator. The groups said that the Central Electricity Regulatory Commission (CERC)'s move would unfairly punish projects that are stalled due to reasons outside their control.
EnBW cancels two UK offshore wind farms, incurring $1.4 billion in impairment
EnBW, the German utility, announced on Thursday that it would take a 1.2 billion euro ($1.4 billion) impairment charge for scrapping two British wind projects. This was a direct result of losing a UK offshore tender. In this week's record-breaking auction, the?two offshore projects -- Mona & Morgan -- with a total potential capacity of 3 Gigawatts -- did not qualify for any government assistance via contracts for difference.
US Judge to make a quick decision on Equinor's challenge to Trump offshore Wind Pause
A U.S. Judge said Wednesday that he will rule soon on whether he will allow Norwegian offshore wind developer Equinor, to resume construction on the Empire Wind project?off the coast of New York?in a lawsuit filed over the Trump Administration's suspension of federal waters for the offshore wind industry. The U.S. District Court of Washington's Judge Carl Nichols declined to make…
US court will weigh New York's challenge to Trump's offshore wind halt
On Wednesday, a U.S. court will decide whether or not to allow Norwegian offshore developer Equinor the opportunity to resume the construction of the Empire Wind Project off the coast of New York. The company is suing the Trump administration for its suspension of the industry. The hearing at the U.S. District Court of Washington takes place two days after that same court ruled…
French spot drops as expected wind and nuclear output increases
French spot electricity rates for Thursday dropped as the wind energy supply in France is expected to increase amid lower demand forecasts. One nuclear reactor will also be expected to re-start. By 0927 GMT, the French baseload for the day ahead fell by 15.6% and was 91?euros (106.02 dollars) per megawatt-hour (MWh). After closing Tuesday at 119.25 Euros/MWh, the German baseload day-ahead was not traded.
JERA is on track to achieve 20% co-firing of ammonia at Hekinan Coal Power Plant in FY29
The head of the plant said that JERA, Japan's largest power generator, is on track to achieve a 20% ammonia-co-firing in fiscal 2029 at one unit?of?its Hekinan Thermal Power Station. This will be the first commercial use for ammonia as fuel. Mitsutaka ban, the head of Japan's biggest coal-fired plant, spoke to reporters during a presentation at the 4.1 gigawatt central Japan plant. Four large ammonia storage tanks are being built in the project.
Minister says massive cyberattack in December on Polish power system failed
The last week in December, Poland's electricity system was hit by its biggest cyberattack for years. It also followed a different pattern. Milosz Motyka, a reporter, said that the failed attack was meant to disrupt communication between renewable installation and power distribution operators. Motyka stated that "the command of the cyberspace forces diagnosed the strongest attack on the energy infrastructure in years" during the last days if the year.
Power prices rise due to higher carbon costs and fuel costs
The European power price curve rose on Tuesday as a result of higher carbon contract prices and firmer gas prices. Analysts at Engie EnergyScan stated that the effects of the price increase were most noticeable in the German front-month baseload contract. The contract for German baseload power at the month-ahead level was up 2.7% at Euros per megawatt at 1002 GMT on Tuesday, and 10.2% over the past week.
US Judge allows Danish firm Orsted to resume Rhode Island offshore project that Trump stopped
The federal court on Monday allowed Danish offshore wind developer Orsted, along with four other projects that were halted by the U.S. administration of President Donald Trump last month, to resume work on their nearly completed Revolution Wind project. The decision?by?U.S. The ruling by U.S. District Judge Royce Lamberth represents a legal defeat for Trump who had sought to stop the expansion of offshore winds in federal waters.
Ghana pays $1.47 billion to settle energy debts
Ghana's Finance Ministry announced on Monday that the government will pay $1.47 billion to settle legacy energy sector debts in 2025, including restoring a depleted World Bank guarantee, and paying arrears to power producers. Ghana's?sector of power? has been struggling with unpaid debts, which have caused a dramatic increase in blackouts. Last year, John Dramani Mahama pledged to reduce the $2.5billion owed to independent gas and power suppliers.
Egypt signs renewable energy contracts worth $1.8 billion
State TV reported that Egypt had signed renewable energy contracts worth $1.8 billion. Contracts were signed with Scatec, a Norwegian renewable energy developer and Sungrow from China. Officials say that without international support, Egypt's goal of having renewable energy make up 42% or its electricity mix by 2030 is at risk. Scatec will build a solar power plant in Upper Egypt’s Minya to produce electricity and energy storage stations…
Storm Goretti increases spot electricity prices in Western Europe
The intraday price of power across Western European markets increased on Friday, as Storm Goretti caused power outages and problems with power generation equipment. EPEX spot data revealed that the average "baseload" price for Germany was 90.44 euro ($105.31), while France's price was 87.35 euro/MWh at 1207 GMT. LSEG data showed that this is higher than the closing spot price on Thursday of 74.75 euro/MWh or 67.75 euro respectively.
German prompt prices will rise on Monday due to a weaker renewable supply
On Monday, German power prices will rise due to a decrease in renewable electricity production in the country. This is expected to offset a slight increase in demand. LSEG data revealed that the trading of German and 'French baseload day-ahead contracts for Monday hadn't started by 0901 GMT. Marcus Eriksson, LSEG analyst, says that residual load in Germany - which is the amount…
The price of gas in Europe has risen after falling due to warmer weather forecasts
LONDON, January 9 - Dutch wholesale gas prices and British wholesale gasoline prices rose on Friday after falling the day before. However, drivers remained largely 'the same. LSEG data shows that the benchmark Dutch front-month 'contract at?the TTF Hub was up 0.30 Euros at 28.05 euro per megawatt hour by 0854 GMT. The Dutch March price increased by 0.16 euros?to 27,49 euros/MWh while the weekend price decreased by 0.90 euros to?28.40 euro/MWh.
EEX Energy Exchange appoints the clearing house chief as its new CEO
Tobias Paulun, who is currently the head of clearing at the European Energy Exchange, will be its new CEO from August 1, EEX announced on Thursday. Paulun takes over Peter Reitz's position as EEX CEO after 15 years. Reitz will continue to serve on the boards of directors for EEX subsidiaries Nodal, and EPEX SPOT. The exchange announced that Paulun would step down as?CEO European Commodity Clearing's (ECC) clearing house on July 31, 2026.