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Denmark

Ørsted
Finance

Ørsted to cut up to 800 jobs and exit some offshore wind markets

February 7, 2024 Mariel Alumit

Ørsted Danish offshore wind giant Ørsted is cutting jobs and exiting several markets after a “substantially challenging” 12 months and massive impairments and additional costs related to its US offshore projects. Ørsted said Wednesday it […]

Climate Crisis

Daily Energy Standup Episode #302 – Nuclear Shifts, Arctic Adventures, and Geopolitical Tensions

February 6, 2024 Andy Del Prado

Daily Standup Top Stories After scrapping nuclear reactors, Germany to spend billions on new gas power plants February 5, 2024 Mariel Alumit Berlin has agreed to spend €16 billion to build four major natural gas plants […]

interconnectors
Electrical Generation / Utilities

Relying on interconnectors for imports carries risks

February 5, 2024 Mariel Alumit

Britian’s latest subsea interconnector, the 1.4 GW Viking Link with Denmark began commercial operations at the end of December. Initially its capacity will be limited to 800 MW until internal grid reinforcement in Denmark is completed, since […]

Orsted
Earnings

Orsted’s strategic shake-up has investors worried

February 4, 2024 Stu Turley

Wind firm Orsted will present its new strategy on Wednesday Company faces dilemma of cutting targets or raising capital Cutting dividend, asset sales could restore confidence -analysts COPENHAGEN, Feb 2 (Reuters) – Orsted (ORSTED.CO), opens new […]

Climate Crisis

Daily Energy Standup Episode #300 – Weekly Recap: Net Zero Cost Concerns, LNG Export Halt, Turbine Explosions, and Africa’s Energy Vision

February 3, 2024 Andy Del Prado

Daily Standup Weekly Top Stories Energy Bills Set to Soar as Report Finds Almost All Major Studies on Net Zero Grossly Underestimate Cost January 28, 2024 Stu Turley ENB Pub Note: I have just interviewed data […]

Big Oil Companies

Daily Energy Standup Episode #297 – EV Lane Fees, Turbine Explosions, and Financial Outlook

January 30, 2024 Andy Del Prado

Daily Standup Top Stories You’ll Have to Pay to Use the Highway. Blame EVs. January 29, 2024 Stu Turley When Europe last year agreed that by 2035 all cars sold in the region would be zero-emissions […]

European
International News

European Energy Cancels Wind Project Offshore Denmark

January 29, 2024 Mariel Alumit

The Danish company European Energy has decided to cease the development of the Omø Syd (Omø South) offshore wind project in Denmark. European Energy has been developing the Omø South offshore wind project for over ten […]

TotalEnergies
Exploration and Production

TotalEnergies eyes March 2024 restart date for Denmark’s largest offshore natural gas field

January 23, 2024 Mariel Alumit

(WO) – TotalEnergies and BlueNord provided an update on progress and expected timeline of the Tyra Redevelopment Project (“Tyra” or “Tyra II”), Denmark’s largest offshore natural gas field. TotalEnergies confirmed in its REMIT notification on […]

Coal

Understanding the relative cost of electricity (RCOE)

January 20, 2024 Stu Turley

The following article was written by Dr. Rob Jeffrey when completing his PhD Thesis at the University of Johannesburg. With his permission I am republishing it . The data was based on the South African 2019 Integrated Resource […]

Big Oil Companies

Daily Energy Standup Episode #278 – OPEC’s Influence, LNG Ventures, and 2024 Market Outlook

January 3, 2024 Andy Del Prado

Daily Standup Top Stories OPEC’s Influence on Oil Prices To Remain Significant In 2024 January 2, 2024 Mariel Alumit Fears of lower demand and rising non-OPEC supply threatens OPEC+ cuts. U.S. oil producers took everyone by […]

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