Daily Energy News

Policy & Regulatory

The Dutch Ministry of Economic Affairs and Climate Policy has received 4,109 applications in the first round of the 2021 SDE++ (Stimulering Duurzame Energieproductie) programme for large-scale solar and renewable energy, which was largerly oversubscribed. The cumulated applications would require a total budget of €12bn, compared with €5bn earmarked for the round. The proposals include 5,170 MW of renewable projects, of which 4,132 MW are solar PV projects, 243 MW geothermal projects and 151 MW biomass projects.

The government of Denmark and several political parties have agreed to offer 2 GW of new offshore wind capacity to be developed before 2031 as part of the Finance Act 2022. In addition, the country will present studies in 2022 that can form the basis for a possible tender for an additional 1 GW and will develop the North Sea energy island to its full capacity (10 GW) as soon as possible, with 2040 as the target point. Denmark currently has 2.3 GW of offshore wind capacity (2021).

Trinidad and Tobago has officially launched its 2021 competitive bid round for explorations and production rights in 17 deep water oil blocks located off the country's northern and eastern coasts. Bids are open until 2 June 2022. Successful bidders will be announced three months following the close. Trinidad has substantial gas reserves, estimated at 274 bcm at the end of 2019, which, however, only represent 8 years of production. Its oil reserves are more modest (33 Mt).

Cyprus has awarded the right to explore for oil and gas in the country's offshore block 5 to ExxonMobil and QatarEnergy. Block 5 will be operated by ExxonMobil, which will own 60% of the rights, and QatarEnergy the remaining 40%. The consortium already holds exploration rights for the adjacent block 10, with estimated resources of 5-8 tcf (142-226 bcm) of natural gas. Partners plan to restart drilling activities to confirm the massive gas discovery made in early 2019.


RWE and Asian Cement Corporation (ACC), a Taiwanese cement company, have expanded their existing strategic partnership to jointly develop new offshore wind projects off the west coast of Taiwan, in the county waters of Hsinchu, Taichung and Changhua. Some of the sites are in water depths suitable for floating offshore wind. RWE, which opened its office in Taiwan in 2018, and ACC are already collaborating in the development of the 448 MW Chu Feng offshore wind project.

The Nigerian conglomerate Transcorp plans to increase the combined available capacity at its Transcorp Power Limited (TPL) and Trans Afam Power Limited (TAPL) gas-fired power plants to 843 MW. Specifically, Transcorp intends to raise the average available capacity from 539 MW to 677 MW at TPL and from 120 MW to 166 MW at TAPL. 

Energy & Climate Markets

QatarEnergy (ex Qatar Petroleum), through its affiliate Ras Laffan Liquefied Natural Gas Company, has entered into a long-term Sale and Purchase Agreement (SPA) with China's Guangdong Energy Group (GEG) for the supply of 1 Mt/year of LNG over a 10-year period starting in 2024.

In 2018, China became the world's 2nd largest LNG importer in the world behind Japan. LNG imports amounted to 90.5 bcm in 2020 (+12%). Australia is the largest LNG supplier (44%), followed by Qatar (12%) and Malaysia (9%).

Infrastructure & Investments

The Indian electricity regulator Central Electricity Regulatory Commission (CERC) has approved the execution of the proposed transmission system for the evacuation of 8 GW of power from solar and wind energy zones in the southern region, including 2.5 GW in Koppal, 2.5 GW in Karur, 2.5 GW in Gadag and 500 MW in Tuticorin-II. 

Enel Green Power South Africa has commissioned the 145 MW Garob wind project, in the Siyathemba municipality of the Northern Cape, in South Africa. The €200m (US$225m) project was awarded to the company in April 2015 as part of Bid Window 4 of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). Construction started in April 2019.

Wind accounts for 5% of South Africa’s installed capacity, with 2.6 GW (end of 2020).

OX2 has submitted a permit application under the Act on Sweden's Exclusive Economic Zone for a 1.7 GW offshore wind project in the Kattegat sea area, in Sweden. The Galatea-Galene wind project is divided into two areas, Galatea located about 25 km outside Falkenberg and Galene about 25 km outside Varberg. The power plant will include 101 wind turbines, with a maximum height of 340 meters, and is expected to generate 6-7 TWh/year.