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RWE buys 1.4-GW Dutch Magnum gas-fired power plant for Eur500 million
German utility RWE has bought the 1.4-GW Magnum power station in Groningen, the Netherlands from Sweden's Vattenfall for Eur500 million ($534 million), the utilities said June 2.
read more... 03/06/2022
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Germany plans to put idled coal plants on standby in case of gas supply disruption
Germany is planning to use coal-fired power stations which would have been idled this year and next as reserve facilities in case of disruption to gas supplies from Russia, economy ministry sources said on Tuesday.
read more... 25/05/2022
Four countries pledge tenfold rise in EU offshore wind power capacity
Germany, Belgium, the Netherlands and Denmark on Wednesday pledged to build at least 150 gigawatts (GW) of offshore wind capacity in the North Sea by 2050 to create a "green power plant"for Europe.
read more... 19/05/2022
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Spain, Portugal to approve gas price cap on Tuesday
The governments of Portugal and Spain will decree on Tuesday the introduction of a Brussels-backed temporary cap on reference prices of natural gas and coal used by power plants, Portuguese Prime Minister Antonio Costa said on Monday.
read more... 10/05/2022
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Finnish energy company ends contract with Rosatom over nuclear plant delivery
Finnish energy company Fennovoima has terminated a contract over the delivery of the Hanhikivi 1 nuclear power plant with Rosatom.
read more... 04/05/2022