Blog

Producción y mercados energéticos 23/09/19

Enerdata    
 
Latest Energy News 23 September 2019
 
TOP STORY:

UK awards 5.5 GW of wind offshore capacity at €45/MWh (£39.65/MWh)

The Brittish government has announced the results of the third round of Contracts for Difference (CfD) scheme for less established renewable technologies: 95% of the awarded capacities were attributed to wind offshore projects (5.5 GW), 5% to wind onshore projects located on remoted islands (275 MW), while biogas technologies received approval for only 30 MW of projects. 

Compared to the previous auction, held in 2017, offshore wind costs have dropped by 30%, reaching £39.65/MWh (€45/MWh), which is lower than the current wholesale price, and significantly lower than the £92.50/MWh (€105/MWh) CfD awarded in 2016 to the Hinkley Point C nuclear project. The winning bidders include Equinor and SSE (DoggerBank Creak and Doggerbank Teeside, 3.6 GW) and innogy (Sofia, 1.4 GW). The partners plan to make final investment decision (FID) for the first projects during 2020, while first power is planned to be injected into the grid in 2023.

The UK has around 8 GW of installed offshore wind capacity.

 
Companies

Celsia sells thermal asset in Colombia for US$420m
Celsia (Argos Group) has sold 100% stake at the 610 MW Zona Franca Celsia (formerly known as Termoflores) gas-fired power plant to EnfraGen subsidiaries Prime Energía Colombia and Prime Colombia Barranquilla (Glenfarne Group). The US$420m transaction also included some associated assets. …
Read more

Duke Energy to submit license extensions for 10.7 GW of nuclear (US)
Duke Energy will submit license renewal applications to extend by 20-years the operating licenses for 11 nuclear reactors at six nuclear power plants in the Carolinas (US). The first license renewal application will be made in 2021 for the 2,500 MW Oconee nuclear power plant (3 units in South Carolina).
Read more

Policy & Regulatory

UK opens tender for at least 7 GW of new offshore wind
The UK has announced the launch of the Offshore Wind Leasing Round 4, with a potential to award at least 7 GW of new offshore wind capacity. The new projects will be built within four large bidding areas, namely Dogger Bank; Eastern Regions; South East; and Northern Wales and Irish Sea.
Read more

San Jose (US) prohibits natural gas on new constructions
The City Council of San Jose (California, United States, 1 million inhabitants) has approved a new set of requirements for new constructions. The accepted proposition bans the use of natural gas in all new construction of accessory dwelling units (ADUs), single-family homes, and low-rise and multi-family buildings.
Read more

Energy & Climate Markets

Colombia announces new oil & gas exploration round with 59 blocks
The Colombian Hydrocarbon Agency (ANH) will offer 59 oil blocks during the second cycle of its permanent bidding round. From the total, five blocks are located offshore namely, SIN-OFF-9, SIN-OFF-11, GUA-OFF-11, GUA-OFF-12, GUA-OFF-13 (all unexplored). 13 blocks have the potential for gas production as well.
Read more

Infrastructure & Investments

Pakistan selects five consortiums to triple its LNG import capacity
The Ministry for Petroleum of Pakistan has selected five developers to set up LNG import terminals to triple the country’s import capacity. The consortiums shortlisted to build the 5 LNG terminals are Tabeer Energy, a unit of Mitsubishi Corp; Exxon and Energas; Trafigura Group and Pakistan GasPort; Shell and Engro Corp; and Gunvor Group and Fatima. …
Read more

Dong Nai province proposes 8 solar farms totalling 5.4 GW (Vietnam)
The Dong Nai province (southern Vietnam) is seeking approval from the government for 8 solar power projects with a total capacity of 5.4 GW, located on the Tri An Lake, over 100 kilometers to the northwest of Ho Chi Minh City. One of these projects will have a capacity of 1,5 GW, two of them 1 GW each and one 0.6 GW. …
Read more

Sorry, the comment form is closed at this time.