Latest news

RWE’s Q1 lignite output plunges 36% on poor market condition

Lignite-based power generation at German utility RWE has dwindled 4.9 TWh, or 36%, year on year in 2020’s first quarter, with the firm attributing the fall to low power prices, it said late on Thursday.

read more... 24/04/2020

news

European power trading volumes slump to 7-year low in 2019

Power trading volumes across key European power markets fell 5% to a 7-year low last year, though the trend towards more exchange-based trading continued, according to a report from Prospex Research seen by Montel on Thursday.

read more... 24/04/2020

news

Covid-19 to curb EU power prices to 2022 – study

A recession owing to the coronavirus pandemic is likely to supress European power prices for at least the next two years and risks stalling clean energy investments, Aurora Energy Research said on Wednesday.

read more... 23/04/2020

news

Global clean power growth hits milestone in 2019

Renewable energy generation increased last year for the first time by more than a rise in global energy demand, though growth remained too slow to hit climate targets, an industry group said on Monday.

read more... 21/04/2020

news

Austria shuts down last coal-fired power plant

Austria has shut down its last coal-fired power plant as part of a plan to end the use of fossil fuels for energy production by 2030.

read more... 20/04/2020

news