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Power outages hit Nordic electricity system

The Nordic electricity power system was disrupted early on Wednesday, and two Swedish nuclear power reactors were disconnected, Finnish grid operator Fingrid and its Swedish counterpart said.

read more... 26/04/2023

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France to uphold electricity price caps until early 2025

The French government will uphold caps on electricity price hikes until at least 2023 to protect citizens from high costs, finance minister Bruno Le Maire said via Reuters on Friday.

read more... 24/04/2023

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UK, Netherlands plan cross-border power link to boost energy security

The Netherlands and Britain plan to build what would be Europe's biggest cross-border electricity link connected to an offshore wind farm, their energy ministers said on Monday, part of efforts to boost energy security.

read more... 24/04/2023

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Europe’s Largest Nuclear Reactor Comes Online 14 Years Later Than Planned

The biggest nuclear reactor in Europe by capacity, Olkiluoto 3 in Finland, started regular electricity production on Sunday, entering into service 14 years later than initially planned.

read more... 18/04/2023

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Daily (17.04.2023): European forward electricity prices fell by 3% on Friday, in tandem with bearish gas, carbon markets

Crude oil prices rose slightly on Friday after the International Energy Agency (IEA) unveiled global demand will hit a record high this year on the back of a recovery in Chinese consumption. Hence, Brent crude rose by 0.3% to settle at $86.31 a barrel. U.S. WTI crude settled at $82.52 a barrel, gaining 0.4% day-on-day.

read more... 17/04/2023

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