Looking at:
decarbonisation; energy;
Russia's war in Ukraine.
Blog on Wordpress: https://lightbucket.wordpress.com/
The five German LNG floating storage regasification unit (FSRU) terminals are:
• Mukran
• Lubmin
• Wilhelmshaven
• Stade
• Brunsbuettel
⸻
Refs:
www.reuters.com/business/ene...
europeangashub.com/fid-nears-fo...
The five German LNG floating storage regasification unit (FSRU) terminals are:
• Mukran
• Lubmin
• Wilhelmshaven
• Stade
• Brunsbuettel
⸻
Refs:
www.reuters.com/business/ene...
europeangashub.com/fid-nears-fo...
Germany's gas use is set to rise even further:
Germany Goes On LNG Import Terminal Building Spree.
The five LNG import terminals will provide Germany with an import capacity of 70.7 million tons of liquefied gas annually by 2030.
⸻
Ref: Oil Price oilprice.com/Energy/Natur...
Germany's gas use is set to rise even further:
Germany Goes On LNG Import Terminal Building Spree.
The five LNG import terminals will provide Germany with an import capacity of 70.7 million tons of liquefied gas annually by 2030.
⸻
Ref: Oil Price oilprice.com/Energy/Natur...
Auction details:
• 1.1 GW of PV capacity;
• 88 projects;
• Average price of €66.37/MWh;
• Tariff is 17% higher than the average price in an earlier 2025 auction, which had no restrictions on equipment origin;
• Developers are required to bring plants online within 36 months.
Auction details:
• 1.1 GW of PV capacity;
• 88 projects;
• Average price of €66.37/MWh;
• Tariff is 17% higher than the average price in an earlier 2025 auction, which had no restrictions on equipment origin;
• Developers are required to bring plants online within 36 months.
❝ The price of Urals crude shipped from the Black Sea port of Novorossiysk fell to $34.52/bbl as of Dec. 16, roughly half the level at the start of the year.
Discounts on Urals crude reached $23–25/bbl in Novorossiysk and $24/bbl in Baltic ports, Argus Media reported.❞
❝ The price of Urals crude shipped from the Black Sea port of Novorossiysk fell to $34.52/bbl as of Dec. 16, roughly half the level at the start of the year.
Discounts on Urals crude reached $23–25/bbl in Novorossiysk and $24/bbl in Baltic ports, Argus Media reported.❞
The 2025/26 average strike price is
£135/MWh, forecast to fall to
£85/MWh by 2040/41.
The forecast goes up to AR6, it'll need updating after the AR7 outcome.
———
Ref: LCCC Scheme Dashboards, CfD Portfolio Forecast
www.lowcarboncontracts.uk/resources/sc...
The 2025/26 average strike price is
£135/MWh, forecast to fall to
£85/MWh by 2040/41.
The forecast goes up to AR6, it'll need updating after the AR7 outcome.
———
Ref: LCCC Scheme Dashboards, CfD Portfolio Forecast
www.lowcarboncontracts.uk/resources/sc...
Here's how the LCCC expects CfD strike prices to evolve from now to 2040/41.
The chart shows the forecast strike price averaged over all technologies and all Allocation Rounds, and the forecast wholesale price.
Strike prices are CPI-linked, but are shown here in constant 2025 money.
Here's how the LCCC expects CfD strike prices to evolve from now to 2040/41.
The chart shows the forecast strike price averaged over all technologies and all Allocation Rounds, and the forecast wholesale price.
Strike prices are CPI-linked, but are shown here in constant 2025 money.
Here's the technology-averaged CfD subsidy (i.e. the difference between the CfD Strike Price and the Market Reference Price) and the forecast average generation, by technology type, for Q2 2026.
(HPC also shown for reference).
⸻
Ref: LCCC www.lowcarboncontracts.uk/resources/sc...
Here's the technology-averaged CfD subsidy (i.e. the difference between the CfD Strike Price and the Market Reference Price) and the forecast average generation, by technology type, for Q2 2026.
(HPC also shown for reference).
⸻
Ref: LCCC www.lowcarboncontracts.uk/resources/sc...
Here are the forecast technology-averaged CfD strike prices for offshore wind, onshore wind and solar PV for the most recent four quarters (CPI-adjusted).
👇
Here are the forecast technology-averaged CfD strike prices for offshore wind, onshore wind and solar PV for the most recent four quarters (CPI-adjusted).
👇
Solar PV has had a negative CfD subsidy in recent quarters,
but for Q2 2026
its average CfD strike price is
£68.00/MWh,
whereas its forecast average Market Reference Price is lower, at
£63.54/MWh
so it now has a positive CfD subsidy, along with all other technologies.
⸻
Ref: LCCC Dashboard👇
Solar PV has had a negative CfD subsidy in recent quarters,
but for Q2 2026
its average CfD strike price is
£68.00/MWh,
whereas its forecast average Market Reference Price is lower, at
£63.54/MWh
so it now has a positive CfD subsidy, along with all other technologies.
⸻
Ref: LCCC Dashboard👇
Offshore wind in the UK will not hit an area limit, ever.
There is far more sea area than will ever be needed for UK generating capacity.
There's plenty of scope for cost-optimising location versus grid access costs.
Offshore wind in the UK will not hit an area limit, ever.
There is far more sea area than will ever be needed for UK generating capacity.
There's plenty of scope for cost-optimising location versus grid access costs.