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Apr 29, 2025

Germany should think about dividing the power market.

Germany should think about dividing its electricity market into up to five price zones to better reflect the varying costs across the country, according to a report by Europe's power grid operators association (ENTSO-E) on Monday. Currently, Germany operates as a single large power market zone with a unified wholesale price. However, congestion on...

Apr 29, 2025

Agreement reached to proceed with the Polish project.

Polish Nuclear Power Plants and the Westinghouse-Bechtel Consortium have signed an Engineering Development Agreement, securing the progress of Poland's first nuclear power plant project. In November 2022, the Polish government chose Westinghouse's AP1000 reactor technology for the Lubiatowo-Kopalino site in northern Poland. In September 2023, West...

Apr 29, 2025

Spain and Portugal experience significant power failure; Iberia cut off from Europe.

On April 28, Spain and Portugal experienced a significant power outage that affected a large area of Iberia, with the cause still unknown, according to national grid operators and government entities. Spain's Red Electrica de Espana reported a sudden drop in consumption at 12:33 PM Spanish time, falling from about 25 GW to just over 10 GW amidst ...

Apr 29, 2025

China's oil stockpiles have reached their highest level in almost three years.

In March, crude oil inventories in China reached their highest level in nearly three years, indicating that demand growth was not keeping pace with refinery processing rates, which were at a yearly high due to cheaper Iranian and Russian crude. According to Reuters' Clyde Russell, China stored 1.74 million barrels per day last month, the highest st...

Apr 29, 2025

Work is currently being done on the local area network in El Dabaa.

The network will ultimately connect all computers, workstations, systems, and sensors at the El Dabaa nuclear power plant in Egypt securely. Rosatom Automated Control Systems (JSC RASU) announced it has started building this isolated network, adhering to international security standards, which will include firewalls and security systems to safegua...

Apr 29, 2025

CIP to divest 50% interest in the 500MW Coalburn 1 BESS project in Scotland.

Copenhagen Infrastructure Partners (CIP) has agreed to sell a 50% share in its Coalburn 1 battery energy storage system (BESS) to AXA IM Alts, effective upon the site's commissioning. The deal was signed by CIP on behalf of its Copenhagen Infrastructure IV (CI IV) fund. AXA IM Alts Infrastructure head Mark Gilligan commented that this investment ...

Apr 29, 2025

China has given the green light for the construction of ten additional nuclear reactors.

China has approved the construction of ten new nuclear reactors, marking the fourth consecutive year of such endorsements, according to Bloomberg. The country currently has 30 reactors in development, nearly half of the global total. By 2030, China is projected to surpass the US as the largest producer of nuclear energy. Local media outlet The Pape...

Apr 29, 2025

No proof of a cyberattack associated with power outages in Spain and Portugal.

The European Council president stated on Monday that there is no evidence of a cyberattack linked to the major power outages in Spain and Portugal. Antonio Costa mentioned he had a phone conversation with Spanish Prime Minister Pedro Sanchez and Portuguese Prime Minister Luis Montenegro regarding the ongoing blackout. He noted that grid operators i...

Apr 29, 2025

China Prolongs Its Ban on U.S. LNG Imports.

China has not imported liquefied natural gas (LNG) from the U.S. since early February, with the last shipment departing on February 6, according to data cited by Nikkei. The tariffs imposed by China on U.S. goods, including energy products, along with the ongoing trade conflict between the two largest economies, may have long-term effects on new U....

Apr 29, 2025

Locus Energy has purchased a 158GWh hydropower portfolio in Norway.

Locus Energy, part of SEB Nordic Energy, has acquired a hydropower portfolio of 158 gigawatt hours (GWh) across Norway's price areas NO2 to NO5. This acquisition strengthens its position in the Norwegian and Nordic energy markets and includes both operational and under-construction assets. The new portfolio will increase Locus Energy's annual h...

Apr 29, 2025

Italy's fifth regasification terminal is scheduled to start up next month.

Italian energy company Snam plans to begin commercial operations at a floating storage regasification unit (FSRU) near Ravenna next month, marking the country’s fifth liquefied natural gas (LNG) regasification terminal. The FSRU BW Singapore has finished its commissioning and is on track to start operations as scheduled, as reported by Snam. Once...

Apr 29, 2025

New collaboration to initiate a 1 MW electrolyzer for the hydrogen valley project in Sicily.

Italian firms Duferco Energia and Ansaldo Green Tech have entered a strategic partnership to supply and commission a 1 MW electrolyzer for green hydrogen production as part of the hydrogen valley project in Giammoro, Messina, Sicily. The electrolyzer, provided by Ansaldo Green Tech, employs anion exchange membrane (AEM) technology, noted for its “...

Apr 29, 2025

Plans for a major hydro project at Loch Ness!

Glen Earrach Energy (GEE) has proposed a 2GW pumped storage hydro project at Loch Ness. If approved, it will be one of the UK's largest and most efficient energy storage solutions, providing £20 million yearly to Highland communities over its 125-year lifespan, marking the largest community benefit fund in Scotland's history. Recent polling by ...

Apr 29, 2025

Smart meter installations increased by 15%.

In March, the smart meter rollout experienced a significant increase, with 15% more installations compared to the same month last year, as reported by ElectraLink’s latest energy insight data. Last month, installations reached 213,000, marking a 10% increase from February 2025. Although March showed growth, the overall pace for the first quarter of...

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