ERDF to select six suppliers to produce the new Linky meters

28/08/2014 10:17 Electricity Market


French electricity distribution company ERDF, a unit of state-controlled utility EDF, appointed six suppliers as a part of a tender to manufacture the first three million of its new Linky smart power meters, according to French daily Les Echos.

The six suppliers include Swiss Landis+Gyr, Sagemcom and Maec of France, Germany's Elster, US-based Itron and Spain's Ziv. The first meters will be established within one year. By 2020, EDRF is envisaging installing 35 million smart meters in France. Cost for replacing the old meters may incur over €5billion, at a tariff of 30 euros per meter and 120 euros for installation. ERDF launched the tender in 2013. In late July, the Commission for Energy Regulation (CRE) has proposed to slow the pace of meters deployment to allow ERDF to include costs.

UK ETS auctions to begin on 19 May

01/03/2021 08:27:00

The first auction of UK ETS allowances (UKAs) will be held on the platform on 19 May, and will continue to take place on alternate Wednesdays from here until the final sale of the year on 15 December.


Daily (26.02.2021): Brent crude rally take a breather, while U.S. WTI crude ends at its highest since May 2019

26/02/2021 09:49:00

Crude oil prices diverged on Thursday, with Brent crude steadying after a period of optimism amid concerns over OPEC+’s willingness to continue output cuts grow. In contrast, U.S. WTI crude gained ground, spurred by optimism of quickly depleting global oil inventories. Hence, Brent crude lost 0.2% to settle at $66.88 a barrel. Meanwhile, U.S. WTI crude rose by 0.5% to 63.53 a barrel, marking its highest finish since May 2019.


Portugal sees green hydrogen output by end-2022, $12 billion in investment lined up

26/02/2021 08:59:00

Portugal will start producing green hydrogen by the end of 2022 and already has private investment worth around 10 billion euros ($12 billion) lined up for eight projects that are expected to move forward, Environment Minister Joao Matos Fernandes said.