South Australia: First 24/7 carbon free PPA NEOEN to deliver green baseload to BHP's Olympic Dam mine, covering 50% of its needs. The power will come from the 412MW Goyder South wind farm, and will be supported by a 300MW/800MWh battery at Blyth.
reneweconomy.com.au/neoen-signs-fi…

Current record Wind production in the U.K. Hornsea 1 and 2, massive offshore wind farms, are delivering GWs!

The wind record continues to tumble 🌬️🌬️🌬️

For the 🌟first time in UK history🌟 we can confirm that wind has produced over 20GW of electricity!!!

We’re waiting on further data to confirm the final figure but it’s clear we have a new record

Australia power generation since 1999, coal, gas, renewables.
October 1999: 96% coal.
October 2022: 58% coal.
via OpenNEM

The #Future #Energy world is full of #batteries

French nuke production not getting any better. As usual, EDF bamboozles the energy market.

Production nucléaire en France
A jour avec les données d'octobre

fixed it for you, wall street journal

NEW

My customary deep dive on International Energy Agency #WEO22

⏩Energy transition 'turbo charged' by Russia's war
⛰️Fossil fuels to peak by 2027
❤️‍🔥Peak gas: 'Golden age of gas' is over
🌄Solar outlook +20% vs last yr; wind +15%
🌡️Warming 2.5C (1.7C if pledges met)

1/

carbonbrief.org/in-depth-russi…

Energiewende vs Dunkelflaute - Thank Stefan Chantrel Germany Transition to 100% #RES , First 304 days of 2022: average of 51%
252 days > 40%
52 days < 40%
11 days < 30%
0 days < 20% linkedin.com/posts/activity…

⚡ ICE chooses Spark for European DES LNG: coming Dec 2022 ⚡

Big news as ICE announces the launch of their new European DES #LNG contracts, underpinned by the SparkNWE and SparkSWE price assessments.

More information to come.

app.sparkcommodities.com/signup/

UK Roundup: 550MW of BESS acquired by FRV, NewEnergySolarFund, Gore Street energy-storage.news/uk-roundup-550…

At 12:30 pm on Friday, solar PV was producing 47% of all electricity on Australia's main grid, wind 17%, and hydro 4%. Leaving just 31% for fossil electricity!

European gas crisis

One of the stickiest issues is the problem that many LTCs across the continent are pegged to the Dutch TTF price index (which happens to be higher than prices at other hubs).

The EU commission has suggested to introduce a new price index.

Here it is👇