Latest news
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Global power demand growth to rebound in 2024 after slowdown
An ongoing energy crisis and an economic downturn is expected to slow global power demand growth in 2023, but a probable rebound in 2024 means more renewable capacity needs to be developed, the International Energy Agency (IEA) said on Wednesday.
read more... 20/07/2023
France to raise regulated household electricity prices by 10% from August
The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official told Reuters on Tuesday, confirming a report from newspaper Les Echos.
read more... 18/07/2023
Baltic states set to decouple from Russian power grid in early 2025
The Baltic states are set to decouple from the Russian power grid in early 2025 despite calls from Lithuania for an earlier exit, Estonian Prime Minister told Reuters.
read more... 18/07/2023
Nordic system price settles negative for 1st time
The Nordic system price for Sunday settled negative for the first time at EUR -1.95/MWh amid strong wind power generation.
read more... 17/07/2023
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Spain's EU power market reform draft includes subsidies for existing plants
Spain has proposed state aid for existing power plants, but with limits to avoid market distortions, in a bid to end a stalemate over reform of the European Union's electricity market, according to a draft seen by Reuters on Wednesday.
read more... 13/07/2023