Eamon Farhat🇲🇺🇱🇧

Bloomberg Energy Reporter⚡️🌍 award winning data journalist 📊🏆, used to cover oil @SPGCI 🛢️ fellow @JSchofieldTrust [email protected]

[Eamon Farhat🇲🇺🇱🇧 @EamonFarhat]

🚨JOB NEWS: Embarking on a new journey @business covering energy markets & companies, with a focus on European power and renewables! Seeking insights from anyone covering electricity markets, in the know about power generation methods or involved in related companies, let's chat!

[Bloomberg @business]

The UK’s offshore wind auction this week might carry a lesson or two for the rest of Europe, write @Jess_Shankleman and @EamonFarhat https://t.co/cPi62MlBr0

[Naureen S. Malik @naurtorious]

Spain Blackout Shows Need for Batteries in Renewable-Heavy World w/ @EamonFarhat 🎁🔗

https://t.co/QzcICwdM4l

[Bloomberg Energy @BloombergNRG]

A UK energy company that allows households and communities to own a stake in solar and wind farms has entered administration, according to an email it sent to customers https://t.co/ga7LJzhw88

[Bloomberg Energy @BloombergNRG]

A patch of clear, sunny weather boosted solar generation across parts of Europe and sent power prices into negative territory for large periods around midday https://t.co/JmxEmOJsya

[Zoe Schneeweiss @ZSchneeweiss]

Arctic weather blast to put strain on Europe’s energy systems https://t.co/4zeYe57pbw via @joewertz @EamonFarhat

[Ailbhe Rea @PronouncedAlva]

It comes as the Climate Change Committee helps to pave the way for airport expansions:

- new report projects higher air passenger numbers
- says it's more optimistic about future supplies of sustainable aviation fuel

Via @EamonFarhat

https://t.co/gyYGN19s67

[Bloomberg Energy @BloombergNRG]

A push to build more renewable generation in Germany will begin to bring down wholesale power prices by the end of next year, according to market analysts. https://t.co/uM70S1tRet

[Zoe Schneeweiss @ZSchneeweiss]

UK energy bills jump for a 3rd quarter, weighing on the economy https://t.co/wGQJf4vGGq via @EamonFarhat

[Zoe Schneeweiss @ZSchneeweiss]

UK urged to ease planning rules to get its power grid ready for 2030 https://t.co/J80WyJrnqG via @EamonFarhat

[Zoe Schneeweiss @ZSchneeweiss]

UK energy bills set to increase for a 3rd consecutive quarter https://t.co/ggjmIuyLga via @EamonFarhat

[Eamon Farhat🇲🇺🇱🇧 @EamonFarhat]

🌳🏭NEW: UK Govt Agrees Subsidy for Drax’s Controversial Biomass Power Plant
-Deal achieves price of £113/MWh (~22% higher than Hinkley Point C)
- Plant can only to run 27% of time, profits will be limited
- Feedstock must be 100% sustainable @BloombergUK
https://t.co/8f974oYxoJ

[Zoe Schneeweiss @ZSchneeweiss]

Europe’s network of giant power cables is becoming political https://t.co/DVXIjHLU8V via @TwigaLundgren @EamonFarhat

[Bloomberg Green @climate]

The UK’s grid operator issued a power-market warning saying there is an insufficient buffer between predicted supply and demand on Wednesday https://t.co/PjPANIrF5M

[Zoe Schneeweiss @ZSchneeweiss]

Europe set for coldest weather in years as gas stocks deplete https://t.co/PoxUixcBGW via @EamonFarhat

[Stephen Stapczynski @SStapczynski]

The UK’s wind turbines have overtaken gas plants for the first time as the number one source of power 🇬🇧🌬️

But the intermittent nature of wind means gas is still needed for backup. And more wind doesn’t necessarily mean lower prices

Via @EamonFarhat
https://t.co/KW6n8e3nST

[Bloomberg @business]

Ski towns face some promising conditions this winter but a changing climate is threatening the industry, writes @maryhui @laurenthal @EthansteinbergO and @eamonFarhat https://t.co/QvdP3Cun2U

[Stephen Stapczynski @SStapczynski]

The EU purchased a record amount of LNG from Russia this year
🇪🇺 🤝 🇷🇺

🚢 Despite deep cuts to Russian pipeline gas deliveries, Europe still clings to shipments of LNG
🇫🇷 Among top buyers, France has already hit its highest-ever volumes

https://t.co/l1a55YP8wz

[Stephen Stapczynski @SStapczynski]

Record-breaking coal demand keeps defying expectation
🌎❤️🪨

📈 Global coal consumption will set fresh records every year through at least 2027, IEA data shows, overturning a previous estimate that it peaked last year
⚡ Power grids are addicted to coal
https://t.co/dvSI41Zqf2

[Eamon Farhat🇲🇺🇱🇧 @EamonFarhat]

The govt could yet fudge delivery of cheaper energy by shifting some components of power and gas to general taxation. Wholesale costs are about 40% of total bills, with the rest including network costs, policy levies & operating costs @BloombergUK https://t.co/Qie1QYcJbf

[Eamon Farhat🇲🇺🇱🇧 @EamonFarhat]

⚡📈NEW: The UK government risks baking in higher energy costs for consumers as it pushes to meet a challenging — and upgraded — target to decarbonize the country’s power supply by 2030.

@business @BloombergUK

NO PAYWALL & Data thread
https://t.co/Qie1QYcJbf

[Eamon Farhat🇲🇺🇱🇧 @EamonFarhat]

Building more wind has meant the UK has spent more than £1 billion in congestion costs to turn off plants when it’s too wind that wasted energy is set to be 4x under both scenarios set out by NESO as storage and flexibility fails to keep up @BloombergUK https://t.co/Qie1QYcJbf