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Northvolt to build ‘Europe’s largest’ battery factory

Swedish lithium-ion manufacturer Northvolt has announced it will invest $200 million (£142m) in building what is claimed to be Europe’s largest battery facility.

read more... 23/02/2021

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European renewable GOO demand up by 8pc in 2020

Cancellation of renewable GOOs in the Association of Issuing Bodies (AIB) hub increased by 8pc year on year to 735.1TWh in 2020, a record high and up from 332.6TWh in 2015 and 182.4TWh in 2010. Demand continues to outstrip supply, with 761.8TWh of renewable GOOs issued in 2020, up from 649.8TWh in 2019, 367.9TWh in 2015 and 25.5TWh in 2010.

read more... 17/02/2021

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Belgian, Dutch spot indexes below expectations

The Belgian spot index averaged €52.55/MWh on 1-15 February, below the February expiry level of €56.95/MWh on 29 January

read more... 16/02/2021

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UK's 2024,2025 capacity market target cut to 40.1 GW, but year-head target raised

The UK government is seeking to contract 40.1 GW in the next four year-ahead capacity market auction (T-4) for delivery 2024/2025, in an auction due to start March 9, National Grid ESO said Feb. 9.

read more... 10/02/2021

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Serbia to invest 10 bln euro in power, mining sectors

Serbia's government has prepared a 10 billion euro ($12 billion) investment plan for the electricity and mining sectors, energy minister Zorana Mihajlovic said on Tuesday.

read more... 03/02/2021

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