March 7 Green Energy News « Green Energy Times – GWC Mag

Headline News:

• “UK’s Green Power Industry Receives Surprise £10 Billion Pledge” • Britain’s stressed green power industry has received a surprise fillip after NatPower, a renewables startup that is part of a larger European group, pledged to plow £10 billion into what would become the largest portfolio of battery storage projects in the country. [The Guardian]

• “Henry Hub Daily Natural Gas Spot Price Fell to Record Lows in February” • Because of high production and relatively low consumption, less natural gas has been withdrawn from storage this winter. US natural gas inventories have been above average. Relatively high storage levels indicate an oversupplied market, reducing natural gas prices. [CleanTechnica]
• “Azerbaijan Predicts Mutual Benefits Of Foreign Investment In Construction Of Solar Power Plant” • W Hass Future GmbH & Co, a German firm, said it is ready to invest more than €300 million to establish solar power stations in Kyrgyzstan, Azernews reports. The company is also considering wind energy, along with the solar power. [AzerNews]
• “US Remained Largest Liquefied Natural Gas Supplier To Europe In 2023” • The US was again the largest LNG supplier for in 2023, accounting for nearly half of total LNG imports, data from CEDIGAZ show. Last year marks the third consecutive year in which the US supplied more LNG to Europe than any other country. [CleanTechnica]
• “Nuclear Slow And Expensive, Renewables Fast And Cheap: Bowen Slaps Down Coalition ‘Fantasy’” • Australian Federal climate and energy minister Chris Bowen has again slammed the federal Coalition’s “nuclear fantasy”, describing it as a deliberate distraction and the latest “desperate effort” to keep the culture war over energy and climate alive. [RenewEconomy]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.