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Distributed Grid
UK Power Hits 11-Month High as Reliance on Europe Reaches Record
UK power prices jumped to their highest in almost a year as the country imports electricity from Europe at record levels.The day-ahead price for delivery Tuesda…
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…
Electricity Transmission
Delayed Closure of Eraring Forecast to Cut NSW Power Prices by 40%
New power price forecasts suggest pushing back the closure date of Eraring power station from 2025 to 2027 will cut NSW power prices by 44%, dropping from a pre…
Distributed Grid
Summer Power Prices Seen Surging for Texas, Falling in California
A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare…
Offshore Wind Power
Vestas Seeks to Hold onto Higher Wind Power Prices
Source: Bloomberg(Bloomberg) -- One of the world’s biggest wind turbine makers wants to hold onto recent price gains — rather than pass on savings — as …
Electricity Trade
Irish Power Prices Expected to Drop as Gas Storage Levels Remain High
New forecasts from Cornwall Insight’s SEM Benchmark Power Price Curve indicate power prices are set to fall in 2024-25. Power prices are expected to drop …
Nuclear Power Plant (NPP)
European Nuclear Plants Put Out of Work by Green Power Surge
Source: EPEX, OMIE(Bloomberg) -- The drive to promote renewable energy is turning the screws on Europe’s nuclear industry.While churning out fossil-free e…
Renewable Energy
Singapore's Sembcorp Sees Upbeat Results From Key Segments After Earnings Jump
Singapore's Sembcorp Industries (SCIL.SI), opens new tab on Tuesday forecast an upbeat future outlook for its gas and related services and renewables segmen…
Distributed Grid
French Retail Power Prices to Rise Nearly 10% From February
Regulated French power prices will rise nearly 10% from February in line with promises not to exceed that level, Finance Minister Bruno Le Maire said on SundayL…
Oil & Gas Trade
Power Prices Drop in Ireland as EU Increases Gas Reserves
Cornwall Insight have reduced their short-term power market price forecast for Ireland, with predictions for 2024 dropping by over 18%. This could bring welcome…
Nuclear Reactor
Finland Extends Nuclear Reactor Outage, Sees Power Prices Soar
Finnish power company TVO said on Monday it had extended an outage at Olkiluoto 3, Europe's largest nuclear power generator, while it undertakes repairs, re…
Offshore Wind Power
Britain to Boost Offshore Wind Auction Power Price Guarantees by 66%
A survey vessel sails past wind turbines at the Burbo Bank offshore wind farm near New Brighton, Britain, January 23, 2023. REUTERS/Phil Noble/File Photo Acquir…
PowerGrid Technology
French Government's Power Price Deal With EDF
The logo is seen prior to the presentation of the French state-owned utility EDF 2023 half-year results in Paris, France, July 27, 2023. REUTERS/Benoit Tessier/…
Electricity Trade
EDF, French Govt Near Deal on Power Prices- Source Close to Govt
The logo is seen prior to the presentation of the French state-owned utility EDF 2023 half-year results in Paris, France, July 27, 2023. REUTERS/Benoit Tessier/…
Electricity Trade
Irish Power Prices to Rise in 2024 While Renewables Goals Hang in the Balance
A new report forecasting power prices out to 2030, has shown a jump in short-term prices. The data from Cornwall Insight’s All-Island Power Market Outlook…
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