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Nordic system price settles negative for 1st time
The Nordic system price for Sunday settled negative for the first time at EUR -1.95/MWh amid strong wind power generation.
read more... 17/07/2023
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Spain's EU power market reform draft includes subsidies for existing plants
Spain has proposed state aid for existing power plants, but with limits to avoid market distortions, in a bid to end a stalemate over reform of the European Union's electricity market, according to a draft seen by Reuters on Wednesday.
read more... 13/07/2023
Spain makes new proposal for EU power market reform as seeks deal
Spain has drafted a new proposal on the reform of the European Union's electricity market as it seeks to push the bloc towards an agreement in principle by the end of July, two people familiar with the matter said on Tuesday.
read more... 12/07/2023
Construction of first UK-Germany direct power link gets underway
NeuConnect, the first direct power link between the UK and Germany, achieved a key milestone this week by signing a licence agreement with The Crown Estate.
read more... 12/07/2023
Spain targets EU power market reform by year end
The Spanish EU presidency plans to make power market reform one of its main priorities, with the aim of approving plans before the end of the year, energy ministry sources told Montel on Friday.
read more... 10/07/2023