Eamon Farhat🇲🇺🇱🇧
@EamonFarhat
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Bloomberg Energy Reporter⚡️🌍 award winning data journalist 📊🏆, used to cover oil @SPGCI 🛢️ fellow @JSchofieldTrust [email protected]
London
Joined January 2012
🚨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!
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Spain Blackout Shows Need for Batteries in Renewable-Heavy World w/ @EamonFarhat 🎁🔗 https://t.co/QzcICwdM4l
bloomberg.com
Companies are working on technologies from batteries to AI that can help ensure renewables and more electricity demand don’t threaten the grid.
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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
bloomberg.com
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.
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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
bloomberg.com
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.
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Arctic weather blast to put strain on Europe’s energy systems https://t.co/4zeYe57pbw via @joewertz @EamonFarhat
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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.com
The UK’s climate watchdog has released new recommendations for the government’s decarbonization strategy that include higher projections for airline passenger numbers, helping smooth the way for...
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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.
bloomberg.com
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.
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UK energy bills jump for a 3rd quarter, weighing on the economy https://t.co/wGQJf4vGGq via @EamonFarhat
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UK urged to ease planning rules to get its power grid ready for 2030 https://t.co/J80WyJrnqG via @EamonFarhat
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UK energy bills set to increase for a 3rd consecutive quarter https://t.co/ggjmIuyLga via @EamonFarhat
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🌳🏭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
bloomberg.com
The UK announced controversial new subsidies for a biomass-fired power plant, an important part of the country’s energy supply that’s garnered criticism due to concerns about sustainability.
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Europe’s network of giant power cables is becoming political https://t.co/DVXIjHLU8V via @TwigaLundgren @EamonFarhat
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The UK’s grid operator issued a power-market warning saying there is an insufficient buffer between predicted supply and demand on Wednesday
bloomberg.com
Power prices surged after the UK’s grid operator issued a market warning for this afternoon as declining wind output crimps supply just as plunging temperatures boost demand.
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Europe set for coldest weather in years as gas stocks deplete https://t.co/PoxUixcBGW via @EamonFarhat
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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
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Ski towns face some promising conditions this winter but a changing climate is threatening the industry, writes @maryhui @laurenthal @EthansteinbergO and @eamonFarhat
bloomberg.com
Warmer temperatures and less predictable weather patterns spell trouble for ski destinations worldwide.
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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
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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
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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
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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
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Power prices are calculated by the most expensive megawatt of generation needed to meet demand. When gas is needed, it will push the price to a much higher level than on days when it’s windy or sunny @BloombergUK
https://t.co/Qie1QYcJbf
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