Latest news
Germany will begin the transfer to coal power reserve in winter 2016
German utilities RWE, Vattenfall and Mibrag will begin cutting their coal-fired electricity production at the start of winter 2016, transferring this capacity instead to the country's power reserve as part of a plan to reduce carbon emissions, as stated by the government.
read more... 26/10/2015
UK-Denmark power interconnector to be operational by end-2022
The first submarine power interconnector between Denmark and Britain is expected to be operational at the end of 2022, later than previously expected, according to the declarations made by grid companies.
read more... 23/10/2015
Daily: European spot power prices diverge, with German up and French declining
Crude oil prices edged higher on Thursday, spurred by a hike in gasoline and technical charts calling for stronger prices slashed by concerns about high U.S. crude stockpiles. Brent crude rose by 23 cents, or 0.5 percent, to settle at $48.08 a barrel. WTI crude boosted 18 cents, or 0.4 percent, to close at $45.38.
read more... 23/10/2015
China will purchase 33.5% stake in EDF’s Hinkley Point C nuclear facility in UK
China General Nuclear Power (CGN) has inked an investment deal with EDF for the building and operation of the suggested Hinkley Point C nuclear power station in Somerset, the country’s first new nuclear plant to be constructed in more than 20 years.
read more... 23/10/2015
Ofgem will spur more competition in constructing onshore electricity infrastructure
Ofgem is analyzing on how to tender out new onshore power transmission infrastructure projects estimated £100m or more. The first tender might take place in 2017.
read more... 22/10/2015