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Iberian gas prices for utilities fall below cap for first time
Iberian wholesale market gas prices fell below a threshold set for gas-fired power plants in May for the first time on Wednesday after Spain's national grid operator warned it may reject LNG shipments due to overcapacity.
read more... 20/10/2022
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Solar industry ‘shocked’ by Hungarian government’s suspension of feed-in
The government’s announcement it plans to suspend new connections to the grid of future solar energy installations is contrary to the interests of the sector, the population and the country, the Hungarian Solar Solar Association (MNNSZ) said in a statement over the weekend.
read more... 18/10/2022
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Germany to subsidise electric bills with 13 bln euro grid fee payment
Germany will subsidise power bills next year by paying just under 13 billion euros ($12.8 billion) towards the usage fees charged by the four high-voltage transmission grid companies (TSOs), economy minister Robert Habeck said on Wednesday.
read more... 06/10/2022
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French grid operator RTE to return more than 1 bln euros to clients
France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this year's revenue windfalls prompted by tensions on the electricity market.
read more... 29/09/2022
Grid operators, exchanges call for EU to change power price rule
Europe's transmission system operators (TSOs) and electricity exchanges have called for the European Union to change the mechanism used for raising the power market price ceiling, Finland's grid operator said on Friday.
read more... 12/09/2022