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Timing opportune for European renewable power supply deals

Prices of European power purchase agreements (PPA) for green electricity fell 2% in the fourth quarter of 2023, making a case for buyers to strike new deals ahead of an expected rise in demand, price tracking platform LevelTen said on Thursday.

read more... 02/02/2024

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France’s ‘last mile’ strategy for renewables under fire from all sides

France’s draft ‘energy sovereignty’ law, recently unveiled by the government, has caused quite a stir for its apparent dismissal of renewable energies, placed at the bottom of the list of low-carbon energies, behind nuclear.

read more... 15/01/2024

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French bank launches PPA guarantee scheme

French state-owned bank Bpifrance has launched a guarantee scheme aimed at helping industrial consumers sign up to 500 MW of cumulative long-term power purchase agreements (PPAs).

read more... 12/09/2023

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Chevron's Australia LNG ops could face daily 10-hr stoppages as union fight escalates

Chevron's (CVX.N) two major liquefied natural gas (LNG) production facilities in Australia could face daily work stoppages of up to 10 hours next week after unions on Tuesday threatened labour action in a dispute over pay and conditions.

read more... 29/08/2023

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Germany's Scholz says more renewables key to lower industry costs

Ramping up renewable power production rather than subsidies is the key to lower electricity prices for Germany's energy-hungry industry, Chancellor Olaf Scholz said on Saturday, in an apparent dig at proposals by his government's economy minister.

read more... 08/05/2023

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