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Natural Gas
Tax Hikes Hinder Gas Price Drop, Raise Electricity Costs
espite reductions in the cost of energy, supply and network services (-2% compared to second half of 2023), total prices slightly increased (+2%), as government…
United States
US Governors Push Back on PJM After Record-High Power Plant Prices
A group of five governors on Tuesday urged PJM Interconnection, the largest U.S. grid operator, to change the process it uses to determine the price paid to pow…
Electricity Trade
UK's Energy Industry Divided in Battle for Free Electricity
A proposal to divide up the UK power market and unleash free electricity in the windiest parts of the nation is turning into a bitter fight between its biggest …
India
JSW Group, Posco To Build 5 Million Tons Steel Factory In India
JSW Group and South Korea’s Posco Group will build an integrated steel factory in India with an initial capacity of 5 million tons a year.The two groups s…
Spain
Spain’s Silbat Set To Rollout Silicon Batteries By 2028
The startup is developing LDES technology that, housed in a 40-foot container, would have an estimated power of 100 kW and a capacity of about 100 hours with a …
PowerGrid Technology
$474 Million for More Grid Resilience in USA
After Hurricane Helene and Hurricane Milton knocked out power for millions of Americans recently, grid resilience is top of mind. We need better grid resilience…
Electricity Trade
Spanish Renewables Industry Warns Of Threats To Investment
The mismatch between increasing supply of renewable power and electricity demand that is struggling to grow, coupled with depressed wholesale power prices, thre…
Hydrogen Production
Statkraft Aiming For Up To €107 Million In Eu Funding For Hydrogen Production In Germany
Statkraft can likely count on support from the EU in its plans to build a hydrogen production site in Germany.The Norwegian state-owned company wants to build e…
Offshore Wind Power
SSE Downgraded To ‘Sell’ Amid Concerns Over Offshore Wind And Market Volatility
Citi has downgraded SSE PLC (LSE:SSE) to a 'sell' rating, cautioning investors about potential setbacks in the energy firm’s growth strategy.Despi…
Battery
US Power Grid Added Battery Equivalent Of 20 Nuclear Reactors In Past Four Years
Faced with worsening climate-driven disasters and an electricity grid increasingly supplied by intermittent renewables, the US is rapidly installing huge batter…
Electricity Transmission
Iberdrola acquires 88% of UK-based Electricity North West for $5.4bn
Iberdrola has closed the acquisition of an 88% stake in UK-based Electricity North West (ENW).The agreement values the entire company, including debt, at €…
United States
Shell To Acquire 609mw CCGT Power Plant Owner RISEC In US
Shell to buy a 609MW CCGT power plant in the US. (Credit: Jason Mavrommatis on Unsplash)Shell Energy North America (SENA), a subsidiary of Shell, has agreed to …
Solar Technology
Huawei In Zimbabwe Solar Power Deal For Mines
Leading renewable energy provider Grid Africa has entered into a strategic partnership with global technology giant Huawei to implement a 72MW solar power proje…
Hydro Generator Unit
US City Of Beaverton Integrates Hydropower Into Drinking Water System
The City of Beaverton in Oregon, US, has completed renovations at its Sexton Mountain Pump Station, transforming it into a source of clean, renewable energy. Th…
Electricity Transmission
US DOE to Invest a Further $2BN to Enhance Grid Resilience and Capacity
The US Department of Energy (DOE) has announced $2bn in additional funding for 38 projects to protect the nation’s power grid against extreme weather and …
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