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EU
European Utilities Rally as EU Unveils Rescue Plan
Just hours after the European Commission proposed caps on power prices across the bloc, European utilities have rallied, with stocks gaining on indications that…
Germany
Europe’s Power Prices Surge to New Record
Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on…
Australia
Energy Prices Across Australia to Remain High Until 2026
Research from Cornwall Insight Australia’s Benchmark Power Curve (BPC)1, which looks at power prices up until 2042, has forecast that all states in the Nationa…
Nuclear Power Plant
Why Europe Could Be Heading for a "Nuclear Renaissance" with Energy Prices at Record Highs
The conflict between Russia and Ukraine has sent gas and power prices soaring. Alex Rankine explains why Europe could be heading for a "nuclear renaissance".
Gas and Power Prices Continue to Soar Due to Ukraine Conflict
Sky-high wholesale gas prices in Europe reached record levels in the first quarter this year as a result of the conflict between Ukraine and Russia, according t…
LNG
Energy Spending to Hit Record High of over $2t in 2022: Report
Global energy spending in 2022 is expected to reach a record high of more than $2t, driven by the surging oil, gas and power prices, Rystad Energy projected.
Natural Gas
Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says
Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…
Thermal Plant
Brazil Lowers Thermal Power Price Cap
The Brazilian power sector monitoring committee has lowered the price cap for generation to R600/MWh effective immediately.
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.
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.
Electricity Trade
Cold Blast Sends Power Prices Soaring In Germany
Europe's first cold spell of the heating season has arrived, pressuring power prices higher as freezing temperatures ushers in increased power demand to heat bu…
Electricity Trade
German Industrial Power Prices Hit New High
German industrial power prices have reached another record high, energy-intensive industry association VIK said.
New Zealand
New Zealand Sees Wholesale Power Price Spike in March Quarter
Wholesale power prices paid by electricity and gas suppliers rose 28.7 percent in the January-March quarter of this year, New Zealand's official data agency Sta…
Power Construction
Worst Brazil Drought in 20 Years to up Pressure on Power Grid
Brazil's worst drought in two decades will force the country to depend more heavily on costly thermal power plants to compensate for reduced hydroelectric gener…
Energy Security
Extreme Weather Conditions Harm RWE’s Renewables Electricity Generation in the US State of Texas
Operations teams focus on resuming production at RWE’s affected onshore wind turbinesRWE expects significant negative earnings impact in Onshore Wind/Solar seg…
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