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VPI gets behind new Irish power plant after rapid expansion in UK

VPI gets behind new Irish power plant after rapid expansion in UK
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Humberside tries to clean up its act in race towards net zero

Natural Gas Daily: December 16th, 2020

Natural Gas Daily: December 16th, 2020 Dec 16, 2020 10:00:pm Summary by: NGW Australian LNG exports this year are expected to reach record 78mn metric tons, up from 77.5mn mt in 2019, energy consultancy EnergyQuest said in a report. This was despite supply disruptions from Gorgon, Australia’s second-largest project, and delays to the start-up of the Prelude floating LNG project, EnergyQuest said. “One of the reasons for the strong performance was record production from the east coast LNG projects at Gladstone.   The European Commission (EC) has proposed excluding oil and natural gas infrastructure from its list of projects of common interest (PCIs) that enjoy EU financial and regulatory support, it reported on December 15.

Scottish renewables assets in favour with power giant after £200m gas plants sale

Cruachan dam and reservoir Picture: Drax ENERGY giant Drax has underlined the importance of the company’s renewable energy assets in Scotland to its strategy after offloading gas-fired power stations in a deal worth up to around £200 million. Drax said the sale of the four gas-fired stations would help accelerate its drive to become a carbon negative business by 2030. The company expects to be able to achieve that target by focusing on renewable energy generation sources and by using carbon capture storage technology to handle its remaining emissions and those produced by other firms. Drax revealed yesterday that renewable energy generating assets in Scotland account for around 20 per cent of its current capacity. A spokesperson said the hydro assets concerned are absolutely central to the company’s carbon negative ambition.

Flexible and renewable focus : Drax to sell four gas power stations in £193m deal

Flexible and renewable focus : Drax to sell four gas power stations in £193m deal Cooling domes at Drax s inconic North Yorkshire power station | Drax Sale of four combined cycle gas turbine sites acquired just two years ago will allow Drax to slash emissions and enhance its focus on flexible and renewable power generation, company says Drax has agreed to sell four UK combined cycle gas turbine (CCGT) power stations in a deal worth £193.3m with a holding company owned by Dutch energy trader Vitol, as the UK energy giant looks to double. To continue reading. The latest news

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