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Electric grids need major upgrades to aid global energy transition
Modern electricity grids that can optimize clean power production from a constantly changing flux of renewable and fossil energy sources will play a vital role in enabling global energy transition efforts.
read more... 31/03/2023
In U-turn, Germany backs swift adoption of EU power market reform
Ahead of an EU summit in Brussels, the German government signalled readiness to swiftly adopt the EU’s proposed electricity market reform, abandoning previous calls to delay decisions until after the 2024 European elections.
read more... 23/03/2023
Slovenia plans extension of electricity, gas price regulation
The government plans to extend the regulation on electricity and gas retail prices for households, small business customers and Small and medium-sized enterprises (SMEs), which expires in mid-2023, until the end of the year, with unofficial information indicating price levels will remain the same.
read more... 23/03/2023
Daily (22.03.2023): Spot electricity prices in Europe tumbled on Tuesday, driven by surging wind output and weak demand
Oil prices continued to gain ground on Tuesday, supported by a return of risk appetite amid easing concerns about turmoil in the banking sector. Thus, Brent crude rose by 2% to $75.32 a barrel.
read more... 22/03/2023
Britain considers coal power back-up for next winter - National Grid
Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter, National Grid said on Wednesday but plant operators said they are unlikely to be able to meet the request.
read more... 16/03/2023