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Vattenfall to build the largest offshore wind farm in the Nordics

Vattenfall has won a tender to build Danish Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea, with a record low bid of EUR 49.9 per MWh, bringing down the costs for renewable energy.

read more... 10/11/2016

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Danish gas exchange Gaspoint Nordic to join European platform Pegas

Danish gas exchange Gaspoint Nordic will join the Pegas platform this year, operated by French energy bourse Powernext. Denmark will be the first Scandinavian country on the platform.

read more... 07/07/2016

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Nordic Investment Bank grants funding for geothermal power plant in Iceland

Nordic Investment Bank (NIB) and electricity producer Landsvirkjun signed a USD 50 million long-term loan agreement without a guarantee of collection for the construction of the Theistareykir geothermal power plant in northeast Iceland.

read more... 01/07/2016

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Lithuania electricity prices attain record low on imports from Sweden

Lithuania power prices dropped to a record low last week since imports from the Nordic countries increase via a new underwater electricity connection to Sweden, as stated by the Baltic state's grid operator Litgrid on Tuesday.

read more... 24/02/2016

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Nordic power bourse likely to expand in Europe

Nordic power exchange Nord Pool is likely to expand spot electricity trading to Germany, France and Belgium next year, to compete with French-German EPEX Spot, as stated by its chief executive.

read more... 22/02/2016

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