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Electricity Transmission
Scorching Heat Stresses Us Power Grids, Prices Soar
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…
Power Construction
Power Prices to Remain Elevated Until Late 2030s, Report Warns
Latest long-term power forecast from Cornwall Insight warns rising power demand, increasing exports, and continued reliance on gas will mean prices are likely t…
Hydropower Plant
Western US to See Higher Levels of Hydropower This Summer
Image by David Mark from PixabayUS power prices have been lower in 2023 than 2022 due to lower natural gas prices and modest power demand, and it will be import…
Coal-Fired Power Plants
US Coal-Fired Power Plant Retirements, Hydropower Output Remain Important This Summer
US power prices have been lower in 2023 from 2022 due to lower natural gas prices along with modest power demand, and it will be important to watch coal-fired p…
Power Construction
Increase in Energy Exports to the Continent Raises Long-Term GB Power Price Predictions
Cornwall Insight's latest report on the GB Power Market Outlook to 2030 has seen a rise in our projections for power prices in the latter half of the decade…
Electricity Trade
NSW Power Prices to Surge During Peak Periods After Liddell Power Station Closure
According to findings by Cornwall Insight Australia, this week’s closure of Liddell Power Station is expected to drive up average power prices during peak…
Nuclear Equipment
French Nuclear Fleet Failure, Drought and War to Blame for Record Power Prices in 2022
Last year Europe saw very high levels of wholesale power prices, driven by gas prices that repeatedly broke all-time high records since the start of the Ukraine…
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…
Wind Farm
Delays to Onshore Wind Investment Increase Long-Term Power Prices in Ireland
Data from Cornwall Insight Ireland’s fourth - ‘All-Island Power Market Outlook to 2030’ – has forecast that energy prices will not retur…
Natural Gas
Europe's Crisis Measures to Tackle Energy Price Spike
European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampe…
Coal-Fired Power Plants
Australia Set to Face High Power Prices as Coal Plants Retire
Australia is set to face high electricity prices for several years as massive new investment will be needed in transmission lines to hook renewable energy proje…
Nuclear Power Plant
European Power Prices Drop as Nuclear, Wind, and Solar Surge
Higher nuclear power generation in France and more solar and wind supply out of Germany eased Europe's prompt power prices early on Monday.
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…
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