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First UK-Germany power link gets financial green light

A financial agreement was reached on Thursday to build the first power cable linking Britain and Germany, with construction set to begin later this year as the two countries work to reduce dependency on Russian gas and increase the use of green energy.

read more... 22/07/2022

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Iberdrola opens 1.1GW hydroelectric storage project in Portugal

Spanish energy utility Iberdrola has officially opened the Tâmega Gigabattery hydroelectric storage project in Portugal.

read more... 20/07/2022

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UK launches review of British electricity market

The UK government on Monday launched a review into Britain's electricity market, seeking ways to lower costs for consumers contending with soaring energy prices.

read more... 19/07/2022

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UK regulator Ofgem confirms need for huge Eastern HVDC link

UK energy regulator Ofgem has confirmed its support for the proposed 4-GW Eastern High Voltage Direct Current subsea power cable project between Scotland and England, which at GBP3.4 billion ($4.07 billion) would be Great Britain's largest electricity transmission project in recent history.

read more... 12/07/2022

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EDF nationalisation will not raise French household power bills

The planned nationalisation of French power utility EDF will not result in an increase in the electricity bills of French households, government spokesman Olivier Veran said on Sunday.

read more... 11/07/2022

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