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Nora Buli

SSE, Equinor to invest $8 billion in Britain's Dogger Bank giant wind project

10:05am GMT

OSLO British utility SSE and Norwegian oil company Equinor have agreed to invest 6 billion pounds ($8.03 billion) to construct the first two phases of the Dogger Bank offshore wind power project, the two companies said on Thursday.

China's CO2 emissions will be higher in 2020 than in 2019, says IEA's Birol

25 Nov 2020

OSLO China's greenhouse gas emissions will increase in 2020 compared to 2019 as they have rebounded after the COVID-19 outbreak, the head of the International Energy Agency said on Wednesday.

Britain's Ofgem opens consultation on increase to energy price cap

20 Nov 2020

British energy market regulator Ofgem has opened a consultation on a potential energy price cap increase from Apr. 1 to improve cash flows for suppliers burdened by rising unpaid bills during the COVID-19 pandemic.

SeaDream cancels rest of 2020 sailings after virus outbreak

17 Nov 2020

OSLO Norwegian-owned cruiseship operator SeaDream Yacht Club has cancelled all sailing for the remainder of 2020 after positive COVID-19 test results onboard one of its cruises, it said on Tuesday, dealing a fresh blow to the cruise industry.

SeaDream cancels rest of 2020 sailings after virus outbreak

17 Nov 2020

OSLO, Nov 17 Norwegian-owned cruiseship operator SeaDream Yacht Club has cancelled all sailing for the remainder of 2020 after positive COVID-19 test results onboard one of its cruises, it said on Tuesday, dealing a fresh blow to the cruise industry.

Nord Pool exchange to offer new Norway-Britain power cable capacity

16 Nov 2020

OSLO Energy exchange Nord Pool will provide a platform offering traders day-ahead capacity on a new subsea power cable linking Norway to Britain from 2021, it said on Monday.

REFILE-Vattenfall to step up offshore wind partnerships, CEO says

06 Nov 2020

OSLO, Nov 6 Vattenfall's new CEO, Anna Borg, will increasingly partner with other companies rather than go it alone to grow its portfolio of European offshore wind projects, she told Reuters.

Britain's National Grid cancels system tightness warning for Wednesday

04 Nov 2020

LONDON/OSLO Britain's National Grid has cancelled an electricity margin notice (EMN) for Wednesday evening after available generation increased.

CORRECTED-Slump in Nordic power prices prompts hedging revival

02 Nov 2020

OSLO, Nov 2 After years of decline, the trading of Nordic power contracts is increasing again as electricity producers seek to protect future earnings from a slump in delivery prices to their lowest in 20 years. The trading slowdown had raised concerns about the relevance of the Nordic power market with adequate liquidity required to offer reliable price signals.

Norwegian utility Statkraft makes $151 million swoop on Solarcentury

02 Nov 2020

LONDON/OSLO Norwegian utility Statkraft has agreed to buy British solar power developer Solarcentury in a deal worth 117.7 million pounds ($151.34 million) that would boost its renewable energy output.

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