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Nordic region could be power importer by 2025
The Nordic region’s shrinking power surplus means it could switch from being a net exporter to a net importer between 2025-2027 in certain weather conditions, said Swedish TSO Svenska Kraftnat (SvK).
read more... 22/12/2022
UK government sets out detail of tax on electricity producers
Britain's finance ministry set out details on Tuesday of a temporary 45% tax on excess profits made by some electricity generating companies after Jan. 1.
read more... 21/12/2022
Octopus Energy signs 2.4TWh PPA with Shell Energy Europe in UK
The UK-based Octopus Energy Group has signed a power purchase agreement (PPA) with Shell Energy Europe to procure 2.4TWh of wind energy a year from the Dogger Bank offshore wind farm.
read more... 19/12/2022
Shell injects $1.5 bln into UK retail power business to help it weather volatility
Shell has injected nearly $1.5 billion in cash and credit into its British energy retail business this year to help it weather huge volatility in power prices that caused the collapse of several rival UK power utilities, Shell Energy said in a filing on Thursday.
read more... 09/12/2022
WindEurope calls for EU electricity markets reform
WindEurope and the chemical industry representative body Cefic have written to the European Commission calling for electricity markets to support investments in renewables
read more... 08/12/2022