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Portugal expects deal to disconnect power prices from gas prices 'very soon'

Portugal expects talks with Spain and Brussels on a temporary mechanism to decouple Iberian electricity prices from soaring natural gas will be concluded in a matter of weeks, Environment Minister Duarte Cordeiro said on Wednesday.

read more... 22/04/2022

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Greece mulls intervention in power prices as energy crisis deepens

Greece is considering measures to curb soaring electricity prices and mitigate the impact on consumers if the European Union does not take action on the issue soon, Greek government spokesman Giannis Oikonomou said on Monday.

read more... 19/04/2022

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Prysmian and Siemens Energy win UK-Germany power link contract

The NeuConnect consortium has awarded contracts worth £1.5bn ($1.95bn) to Prysmian Group and Siemens Energy to deliver cabling works and converter stations for the first subsea power link between the UK and Germany.

read more... 13/04/2022

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UK focuses on new nuclear, offshore wind, clean hydrogen to boost energy security

The UK government wants 25% of electricity demand in 2050 to be met by up to 24 GW of nuclear generation capacity, up from 9 GW currently, it said in an Energy Security Strategy announcement late April 6.

read more... 08/04/2022

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Germany unveils major electricity sector revamp

The German government presented on Wednesday (6 April) a comprehensive revamp of the country’s electricity sector, outlining new frameworks for renewables, power grids and markets in order to set the country on track to reach climate neutrality.

read more... 07/04/2022

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