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UK opens up to more nuclear power

In connection with presenting a new energy plan, the British government has informed of being in talks with EDF on the construction of a new nuclear power plant.

Photo: Philippe Desmazes/AFP / AFP
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Borr Drilling lost more than USD 300m amid restructuring

Investor Tor Olav Trøim startede Borr Drilling i 2016. | Photo: PR / Marine Money/Marine Money

Despite a reduced deficit in the fourth quarter, rig operator Borr Drilling exits 2020 with another deficit of more than USD 300m. The company, which recently secured approval for a rescue plan, still projects a stronger market.

Vattenfall drops new Danish onshore wind

Photo: Vattenfall

The Swedish power company will not build any more new onshore wind farms in Denmark and now intends to divest its current development projects totaling several hundred megawatts. The utility insists that its move is not due to many years of domestic obstacles.

GE tops record US wind market

Photo: GE Renewable Energy

According to BloombergNEF's figures, GE and runner-up Vestas took 90 percent of the US wind market last year, but the balance of power within the duopoly is reportedly more skewed than assumed.

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  1. Borr Drilling lost more than USD 300m amid restructuring
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  3. Swedish steelmaker joins green hydrogen trend
  4. EDP sets sights on 50 renewable GW by 2030
  5. Norway's USD 1.3trn fund dumped Saudi shares, added Qatar
  6. Vattenfall drops new Danish onshore wind
  7. European Energy launches heat pump company
  8. Oil hit by wider sell-off, but still set for fourth monthly gain
  9. GE tops record US wind market
  10. Subsea 7 reports billion-dollar deficit after fresh impairments
  11. Worried Odfjell Drilling more than triples its result for the year
  12. Dof exits 2020 in massive deficit – rates too low to handle debt
  13. Centrica feels the grip of Covid-19
  14. Wintershall Dea sheds doubt on its future Danish oil operations
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