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Volvo cars to build $1.25 bln electric-only plant in Slovakia

The new plant, Volvo Cars' third in Europe, will build electric vehicles (EV) only, in line with the company's ambition to produce EVs exclusively by the end of this decade.

read more... 04/07/2022

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UK's energy regulator proposes package to boost grid capacity

Britain's energy regulator proposed a spending package of 20.9 billion pounds ($25.48 billion) on Wednesday, including 2.7 billion pounds in upfront funding, as part of an initial five-year plan for sustainable and affordable regional energy grids.

read more... 29/06/2022

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Commercial power trade between Ukraine and continental Europe to start June 30

Commercial electricity trade between Ukraine/Moldova and the EU will start on June 30, the European Network of Transmission System Operators said June 28.

read more... 29/06/2022

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Statkraft to double power output to 100 TWh by 2030

Norwegian power producer Statkraft plans to double its annual output to 100 TWh by 2030 with an additional 30 GW of green capacity planned by the turn of the decade, it said on Tuesday.

read more... 29/06/2022

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RWE to rethink UK investments if it proceeds with tax on power firms

German utility RWE AG's head has warned that a windfall tax on electricity generators in Britain would make it and other power firms reconsider their investment decisions in the country, the Financial Times reported on Sunday.

read more... 28/06/2022

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