Latest news

PGE posts 80% rise in 2019 wholesale power sales

Polish utility PGE sold 61.4 TWh of output on power exchange TGE and the balancing market in 2019, up 80% from the pervious year, the company said late on Tuesday.

read more... 01/04/2020


EU power prices could drop 40% on recession – Thema

Continental European power prices could fall by up to 40% to EUR 20-25/MWh on average next year should efforts to curb the coronavirus cause a global recession, said Oslo-based consultancy Thema.

read more... 30/03/2020


Lovech in Bulgaria to renew public lighting in EUR 596 million project

MPEnergi from Norway is about to replace 4,483 street lamps with LED technology and install management software and equipment. The municipality northeast of the capital of Bulgaria is counting on cofinancing from the EU’s EEA Grants for the modernization of its public lighting and a small solar power plant.

read more... 26/03/2020


German front-month power hits 18-year low on virus crisis

The German April power contract traded at the lowest for a front month in 18 years amid continued worries that the spread of the coronavirus will further erode demand.

read more... 20/03/2020


TenneT to invest up to €5bn a year

Dutch/German transmission system operator TenneT expects to increase its investment level to €4bn to €5bn annually in the coming years, as a result of the phase out of coal and nuclear power plants and the growth of offshore wind energy.

read more... 16/03/2020