As North Sea production dwindled and cold weather boosted demand, Britain’s gas imports hit 1 trillion cubic feet in the first half of this year – the highest level on record. ›
The UK Department for Energy and Climate Change published its draft strike prices at the end of June, with subsidy support for offshore wind projects most notably falling to £135/MWh in 2018-19 from £155/MWh for contracts granted during the 2014-15 financial year. ›
German utility RWE’s 750MW Tilbury biomass power plant in the UK has run down its remaining generating hours under the EU’s large combustion plant directive after firing up units 9 and 10 for a final 24 hours until midday today. ›
British spot gas prices fell on Friday as supplies outpaced demand for a second straight day, while gas for weekend and Monday delivery rose in expectation of slightly higher demand. ›
It has been predicted Britain’s gas supplies in the 2013/2014 winter season will be sufficient to avoid running short as it nearly did last winter although wholesale prices are already higher than a year ago and are likely to keep rising. ›
