Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Bloomberg | UK Becomes Net Electricity Exporter (4:46 p.m.), 29 Sep
The UK exported more power than it imported during the second quarter of the year for the first time since 2010. The volume both of electricity and gas leaving the UK jumped nearly 600% in the three months to June this year compared to the previous year, according to UK government data.

It's unclear whether such high volumes of exports can be sustained. There's likely to be rising demand within the UK as it gets dark and cold, meaning some flows out of the country may have to be curtailed when supplies get tight.

RWE to Restart Three Idled Lignite Plants (2:55 p.m.)
RWE AG will bring back three lignite-fired power plants that had been on standby in October, the company said in a statement.

Germany plans to rely more on coal and lignite this winter to help keep the lights on and reduce gas use in electricity generation.

Algeria Locks In Higher Gas Price Deals (2:50 p.m)
Algeria will benefit from higher natural gas prices as it locks in deals with two European Union nations anxious to secure enough natural gas supplies for the coming winter.

State-controlled Algerian energy producer Sonatrach Group concluded a deal with Italy's Enel SpA on Wednesday and said it will soon announce one with Naturgy Energy Group SA, ending a months-long stalemate with the Spanish utility over contractual price revisions.  

Germany Pushes Uniper to Get Rid of Russian Assets (1:50 p.m.)
Germany risks being left holding 2.2 billion euros of unsellable Russian energy assets when it takes over Uniper SE at the end of the year.

archived divest? HOW?
The government may have no choice but to give up the assets. Even if a sale were possible, President Vladimir Putin [?!]
archived EU-US sanctions piled so high ...
has made it almost impossible for international energy companies to secure big financial gains [?!] when they exit Russia.
Sputnik | UK Offers Denmark Help in PROBING Nord Stream Incidents, 1 Oct, (not MSM corrobrated)
The United Kingdom has suggested assisting Denmark in the ongoing investigation of simultaneous attacks on the Nord Stream pipelines, with both sides being equally of the opinion that the incident was an act of sabotage, the UK government said on Saturday.

"[Danish] Prime Minister [Mette] Frederiksen updated [UK] Prime Minister [Liz Truss] on the damage caused to the Nord Stream pipelines last week. They agreed the incidents were clearly an act of sabotage. The Prime Minister offered the UK's support for the ongoing investigation," the UK government said in a statement.

by Cat on Sat Oct 1st, 2022 at 06:18:50 PM EST
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