UK utility Bulb Energy has announced its collapse into administration, leaving 1.7 million customers without an energy supplier. The bankruptcy of the UK’s seventh-largest energy retailer marks the most recent and largest in a long line of UK utilities going bust because of high international energy prices.
read more... 23/11/2021
Spain's interventionist measures in recent months aimed at reducing the effect of record wholesale energy prices on consumers' electricity bills have temporarily increased regulatory risk perception in the sector. But they looked to be leaning towards local major utilities in the end, consultancy Ekon said.
read more... 22/11/2021
Record carbon prices in Europe are failing to price coal out of Germany's base-load merit order this winter, as a shortage of natural gas means there is limited scope for utilities to switch to cleaner alternatives at short notice.
read more... 08/09/2021
France's Orano said it has signed contracts with German utilities EnBW, PreussenElektra, RWE and Vattenfall for the return of all the German nuclear waste remaining at its La Hague reprocessing plant. The entry into force of the contracts - worth in total more than EUR1 billion (USD1.2 billion) - is subject to the formal agreement of the German and French governments.
read more... 23/08/2021
Europe’s biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the high cost of producing energy from the sun and wind and instead stuck with coal and oil.
read more... 06/04/2021