Norway's power grid operator reduces its demand forecast and deficit projection
Statnett, the Norwegian transmission system operator, said that the growth of Norway's electric demand in the next few years will be slower than originally projected because the electrification rate is lower than expected. The TSO stated that the Nordic countries will no longer face a deficit in power as a whole during this decade.
What to Expect from the US Offshore Wind Market This Year
After many false starts, the U.S. offshore wind market is building strong roots for a solid future. But as the market develops from its current northeast and mid-Atlantic niche new opportunities and challenges arise.The U.S. offshore wind market has long been seen as not delivering on its significant potential.
Gas Prices Soar in Europe on Tight Russian Supply
European gas prices soared more than 30% on Tuesday as low supplies from Russia reignited concerns about an energy crunch as the region heads for colder weather.A key pipeline which normally delivers gas from Siberia to Europe continued to work in reverse on Tuesday, traders said, sending flows from Germany to Poland…
EU Energy Watchdog Sanctions Bosnia over Non-compliance with Rules
The European Union's energy watchdog has extended sanctions against Bosnia for another two years over the Balkan country's failure to comply with the body's gas and electricity sector regulations.Bosnia has been sanctioned for much of the period since 2015 due to its persistent failure to amend legislation in accordance with the Second Energy Package in the gas sector…
Seastar Wind Farm Connected to Elia's MOG
Belgium’s high-voltage transmission system operator Elia has informed said that the connection of the Seastar offshore wind farm marked the completion of Elia’s offshore power hub Modular Offshore Grid (MOG), Located 40 km off the Belgian coast, the Modular Offshore Grid switching platform bundles together the…
Parkwind, Bladt Sign Substation Deal for German Offshore Wind Farm
Belgium-based offshore wind farm developer Parkwind and Danish offshore construction company Bladt have signed a deal to build a substation for the Arcadis Ost 1 offshore wind project in the German Baltic SeaThe platform will be jointly developed and will be jointly operated with 50Hertz, the responsible Transmission…
VDL Wins TenneT Gig
European transmission system operator TenneT has awarded VDL Network Supplies a contract to support the construction of half of the wintrack pylons (high-voltage pylons) for a new 380 kV high-voltage connection from Borssele to Rilland.The new pylons, which are some 60 to 80 meters high, will be produced by VDL KTI in Mol (Belgium).
TenneT Intros 2GW Offshore Grid Plans
European transmission system operator TenneT has announced plans to build two 2 GW offshore grid connections in the IJmuiden Ver wind energy area, having entered into a so-called 'innovation partnership' with its suppliers.Given the combination of the large distance to the coast and the size of the IJmuiden Ver wind energy area…
TenneT Signs 5yr Contract with LR
The maritime classification society Lloyd's Register Group Limited (LR) has secured a significant contract win with the European electricity transmission system operator TenneT.The five-year contract covers inspection and assurance services during the erection and commissioning phases of three North Sea converter platforms…
Poland Ends Major Russian LNG Contract
Poland's state gas company PGNiG says it had notified Russia's Gazprom that it will not renew their long-term deal on liquefied natural gas (LNG) supplies when the agreement expires after 2022.In accordance with the provisions of the Yamal Contract, three years prior to its original termination date, i.e. by December 31st…
TenneT, EnBW, Ørsted Pact on Transmission Concept
The European transmission system operator TenneT, German utilities company EnBW and offshore wind specialist Ørsted have formed an alliance with the aim of implementing new connection concept for offshore wind farms and converter platforms in the German North Sea.The connection concept already planned by TenneT…
COBRA Cable Readies for Action
The 700MW COBRAcable interconnector linking the Dutch and the Danish grid will be available for the electricity market as of delivery day, 7 September, Dutch high-voltage grid operator TenneT said."After three years of construction, including the laying of the submarine cables as well as the construction of two onshore converter stations…
MOL Group On Track to Meet 2019 Guidance
Hungarian international oil and gas company MOL Group delivered an EBITDA of USD 1.15bn in H1 2019, exactly half of the full-year 2019 guidance.Upstream EBITDA was 10% lower in H1 2019 at USD 553mn, as higher volumes were more than offset by lower oil and gas prices. The segment remained the largest free cash flow generator of the Group.
Tennet Relocates Submarine Cable from Borssele
The transmission system operator Tennet has moved the first submarine cable from the Dutch wind farm zone "Borssele" to the transformer station."TenneT has laid the first sea cable to connect the Alpha platform to the transformer substation in Borssele. In the morning of Friday 12 April, VBNK started withdrawing…
Titan LNG, Fluxys to Build FlexFueler 002
Belgium-based natural gas transmission system operator Fluxys and Netherlands-based Titan LNG have joined forces to build the FlexFueler 002, a bunkering pontoon to make liquefied natural gas (LNG) more widely available as shipping fuel in the Antwerp port and region.Shipyard Kooiman, Zwijndrecht, The Netherlands, was contracted to build the FlexFueler 002.
TenneT, Vattenfall Pact on Hollandse Kust Zuid
European transmission system operator TenneT Holding and offshore and wind farm developer Vattenfall have signed agreements for the offshore grid connection for the Hollandse Kust Zuid I and II wind farms.The agreements concern the realisation of the connection and the transmission of electricity between the…
DNV GL to Certify TenneT Offshore Power Substations
DNV GL, the world’s largest resource of independent energy experts and certification body, has been contracted by Transmission System Operator TenneT to deliver the complete project certification for two offshore substations (OSS) for the Hollandse Kust Zuid offshore wind farms in the Dutch North Sea.The reliability…
Arkona Offshore Wind Farm Comes Online
The Arkona offshore wind farm in the German part of the Baltic Sea has supplied the first electricity into the German electricity grid.The 385 MW project, operated by E.ON in partnership with Equinor, when completed can deliver power to approximately 400,000 German households. After the first of 60 turbines now being online…
Gasum acquires Enegia's power market services
Finland's state-owned gas firm and transmission system operator Gasum acquired the customer base of power broker Enegia, a company that handles the trading of about a quarter of the country's electricity use, the firm said on Friday.The transaction, the value of which was not disclosed, involves Enegia's portfolio services, electricity trading customer base and a small number of sta
Norsea, Wilhelmsen Bag Offshore Wind Deal
NSG Wind and Wilhelmsen Ship Management have together won a five year frame agreement with TenneT, a leading European electricity transmission system operator. NSG Wind and Wilhelmsen Ship Management have secured a frame agreement running until 2022. The framework agreement is to provide a complete technical…
