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Susceptibility of GB markets to LNG volatility may rise

Susceptibility of GB markets to LNG volatility may rise

Susceptibility of GB markets to LNG volatility may rise: Liquified Natural Gas (LNG) prices and demand have enjoyed unprecedented momentum in recent months, with Asian spot LNG prices reaching an all-time high of 211.94p/th on 15 January. However, LNG’s recording break run has ended in the last few weeks, with prices having fallen significantly. In…
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Ireland will need to more than double its renewables

Ireland will need to more than double its renewables capacity over the next 25 years to meet 2050 targets: Findings from Cornwall Insight’s ‘All-Island forward curve’ – a comprehensive market and asset-level power price modelling service – shows that Ireland will need to more than double its renewable capacity over the next 25 years if…
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thyssenkrupp and E.ON to pool hydrogen

thyssenkrupp and E.ON to pool hydrogen: German industrial engineering and steel production conglomerate thyssenkrupp and Energy supplier E.ON are pooling the 600MW collective output of 150 electrolysis plants in Germany and the UK which will make hydrogen available to the wholesale power market. E.ON’s virtual power plant can link the plants to the electricity market…
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