Daily Energy News
Policy & Regulatory
Poland plans to develop 3.8 GW of offshore wind capacity by 2030
3 Jul 2020The government of Poland and representatives of the offshore wind industry have signed an agreement to develop 3.8 GW of offshore wind capacity in the Baltic Sea by 2030. The first offshore wind project could be operational as early as 2025. Poland targets 10 GW of offshore wind capacity by 2040 and estimates its potential in the Baltic Sea at up to 28 GW by 2050. Moreover, the Polish government plans to pass a bill which proposes to tender 4.6 GW of offshore wind capacity over 2020-2022, and 5.5 GW between 2023 and 2028.
Read moreSpain closes 7 coal-fired power plants totalling 4.6 GW
2 Jul 2020Seven coal-fired power plants totalling 4.6 GW have stopped operations in Spain, as 30 June 2020 was the last of a transition period for coal-fired power plants to comply with the European regulation.
Read moreCompanies
Hilcorp takes over BP’s upstream assets in Alaska (US)
3 Jul 2020US independent oil exploration and production company Hilcorp has taken over management of Prudhoe Bay oil field in Alaska (United States), after the state regulators authorised BP to transfer its upstream assets, which includes 176 oil and gas leases on the North Slope, and in more than 250 surface-use permits. With this acquistion, Hilcorp becomes the second largest oil producer in Alaska. The Regulatory Commission of Alaska is yet to approve Hilcorp’s acquisition of BP’s 49% stake in the Trans Alaska Pipeline System (TAPS).
Read moreEngie sells a 49% stake in a 2.3 GW renewable portfolio in the US
3 Jul 2020Engie has signed an agreement to sell a 49% stake in a 2.3 GW renewable project portfolio in the United States to Hannon Armstrong. The portfolio includes 1.8 GW of onshore wind and 0.5 GW of solar projects. Under the sales agreement, Hannon Armstrong will take immediate ownership of 49% of commissioned wind projects (663 MW).
Read moreRWE closes power asset swap with E.ON (Germany)
2 Jul 2020RWE has completed an asset swap with E.ON and taken over Innogy activities. E.ON will now focus on the distribution and retail supply of electricity and gas, whereas RWE will be primarily active in upstream electricity generation and wholesale markets.
Read moreInfrastructure & Investments
Equinor plans to build a 600 MW hydrogen plant with CCS in the UK
3 Jul 2020Equinor plans to develop the Hydrogen to Humber Saltend (h3H Saltend) project, to produce hydrogen from natural gas in combination with carbon capture and storage (CCS) at the Saltend Chemicals Park near Hull (United Kingdom).
Read moreThe UK clears Vattenfall’s 1.8 GW Norfolk Vanguard offshore wind project
3 Jul 2020The UK Secretary of State for Business, Energy, and Industrial Strategy (BEIS) has awarded development consent for Vattenfall’s application to build the 1,800 MW Norfolk Vanguard offshore wind project off East Anglia. The project will feature up to 158 turbines installed across an area covering around 592 km2.
Read moreElecnor will build a 185 MW wind project in Chile
3 Jul 2020Mainstream Renewable Power has selected the Spanish infrastructure group Elecnor to build a new 185 MW wind project in Chile. Elecnor will install 44 turbines and build a 20-km long 220 kV transmission line. Commissioning is scheduled in 2021.
According to Chile’s National Energy Commission (CNE), the installed capacity of non-conventional renewable energies (i.e. excluding large hydropower) in Chile could reach 10 GW in October 2021.
Read moreCambodia approves a 700 MW Chinese-built coal-fired power project
3 Jul 2020The Cambodian government has approved a 700 MW coal-fired power plant in the Preah Sihanouk province. The US$1.3bn project is developed under a build-own-operate-transfer (BOOT) concession by Cambodia International Investment Development Group and Huadian Sihanoukville Power Generation, an affiliate of the Chinese state-owned power generation group China Huadian Corporation.
Read moreKashima Power commissions a new 645 MW coal-fired power project (Japan)
3 Jul 2020Kashima Power, a joint venture of Nippon Steel Corporation and Electric Power Development (J-Power) has commissioned the 645 MW coal-fired ultra-super-critical (USC) Kashima thermal power plant Unit 2. The project is built on Nippon Steel Corporation’s steelwork premises in Kashima, in the Ibaraki prefecture of Japan.
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