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Electricity Trade
Drop in Power Price Predictions up to 2030 but Prices to Remain Above Pre-2021 Levels for Next Decade
New data from Cornwall Insight has shown a drop in our predictions for power prices up to 2030 as Europe secures alternative energy supplies, compensating for r…
Electricity Trade
Drop In Wholesale Energy Prices Sees Price Cap Predictions Fall Below the Energy Price Guarantee for Second Half of 2023
The latest forecasts for the Default Tariff Cap (price cap) released by Cornwall Insight, have shown energy bills for a typical household are predicted to be be…
Power Construction
World Bank Approves $311M to Increase Grid-Connected Renewable Energy Capacity in West Africa
Existing and prospective electricity customers in Chad, Liberia, Sierra Leone, and Togo will benefit from the new Regional Emergency Solar Power Intervention Pr…
Electricity Transmission
Hitachi Energy and Linxon Support National Grid in Achieving Sustainability Targets Through Pioneering 420 kV SF6-free Gas- insulated Switchgear Technology
Strengthening key power infrastructure in London while reducing carbon footprintZURICH, SWITZERLAND, Dec 22, 2022 - (JCN Newswire) - Hitachi Energy and Linxon a…
Power Construction
Hybrid DC Microgrid Development Shows Progress
Image: TIGONProject TIGON, aimed at designing a hybrid AC/DC microgrid system has reported satisfactory progress at its mid-way point.Project TIGON, launched in…
Electricity Trade
Oman Launches First Middle East Electricity Spot Market
Oman has formally launched an electricity spot market, the first in the Middle East, to increase the efficiency of power procurement, the state news agency said…
Electricity Transmission
France Power Imports Fall in January
France kept its position of net power importer for the third consecutive month, despite being traditionally a net power exporter, but flows declined on the mont…
Electricity Trade
How Germany can Cut Power Costs by 34%
Germany can achieve significant reductions in emissions and the cost of electricity by phasing out coal in 2030 but must have a clear plan to ramp up renewables…
United Kingdom
UK Power Prices Rise To One Month-High On Low Wind Generation
UK peak-hour power prices for Monday evening through 6 p.m. surged to the highest level in a month due to low wind power generation during the weekend.
India
Sembcorp signs PPA to supply 625MW to India's Andhra Pradesh
The long-term contract will run for 12 years.
Electricity Trade
Power Costs in Europe Soar to Record High in 2021
The continent's energy crunch followed shortages of natural gas just as demand rebounded following 2020’s lockdowns
Power Construction
GCCIA, CESI Launch Electricity Pricing Pilot Project for the GCC
This ambitious project consists in the creation of an electronic platform for the pricing of electricity in GCC countries, as part of the first phase of the ene…
Electricity Trade
World Bank Cautions Nigeria Against Hiking Electricity Tariffs
The World Bank has cautioned Nigeria and other emerging economies against raising electricity tariffs.
Electricity Trade
India’s Renewables Boom Set to Lift Power Exchange Spot Trading
Share of spot market may more than quadruple in two years
Electricity Trade
Power Prices Reach Stunning EUR 400 per MWh in Europe
Power prices reached critical levels across Europe amid a surge in costs for natural gas and an outage in France.
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