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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…
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…
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…
Market Analysis
Cold Weather and New Regulations Spark Record Power Prices in the British Isles
Electricity market analyst EnAppSys has published a new study that reveals a week of tight margins and system warnings led to extreme power prices in the Britis…
Japan
Japan’s Power Prices Hit Record Highs on LNG Shortage
A severe shortage of LNG supplies among Japanese power utilities on the back of an unseasonably cold winter has driven the country's wholesale electricity price…
Biomass Power Plant
UK Biomass-Fired Power Generation Rises in 2020
Biomass-fired generation in the UK and the fuel's share of the country's power mix rose in 2020, despite a fall in power prices and overall grid demand.
Electricity Trade
Energoatom Accepts Need for Fixed Power Prices
Ukrainian nuclear power plant operator Energatom says it understands the urgent decision taken by the Cabinet of Ministers on 28 December to extend regulations …
Thermal Plant
TPP Ugljevik Takes Desulfurization Unit Offline on Lack of Operation Permit
Coal mine and thermal power plant complex in Ugljevik has lifted its power prices by 15% due to the launch of its desulfurization unit, but the extension can’t…
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