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Italy to offer lower power prices to industrials from 2025
Italy will next month propose a framework to reduce energy costs for energy-intensive industries to help them remain competitive while boosting renewables projects, effective from 2025, a source familiar with the legislation told Montel on Monday.
read more... 24/09/2024
Cyprus signs MoU with Greece on 'world's longest' subsea electric cable
Greece and Cyprus have signed a memorandum of understanding (MoU) to press ahead with a subsea electric cable linking continental Europe to the East Mediterranean, the energy ministries of the two countries said on Saturday.
read more... 23/09/2024
Ukraine faces winter power shortfall of one-third of peak demand, IEA says
Ukraine's electricity supply shortfall could reach 6 gigawatts this winter, about a third of expected peak demand, amid Russian attacks on energy infrastructure and the expiry of a gas supply contract, the International Energy Agency said in a report.
read more... 19/09/2024
Ukraine faces winter power shortfall of one-third of peak demand, IEA says
Ukraine's electricity supply shortfall could reach 6 gigawatts this winter, about a third of expected peak demand, amid Russian attacks on energy infrastructure and the expiry of a gas supply contract, the International Energy Agency said in a report.
read more... 19/09/2024
Dutch Government Boosts Grid Operator TenneT with €19B Loan
The Dutch government is stepping in again to support TenneT, the state-owned grid operator, with a new supplementary €19 billion bridge loan. This comes after a failed deal to sell TenneT's German network to Berlin. The loan will help meet rising electricity demand and support grid investments through 2026.
read more... 18/09/2024