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Energy market volatility to shake up European PPA market

The unprecedented energy price volatility seen at the end of 2021 will have a lasting impact on the green energy power purchase agreement (PPA) market, including a decline in long term contracts, Pexapark said in a report published on Thursday.

read more... 10/02/2022

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Belgium to cut VAT in response to energy price spike

Belgium will cut value added tax on electricity as part of a package to shield consumers from rising energy prices, the prime minister said on Tuesday.

read more... 02/02/2022

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Iberdrola generates power at giga battery plant in Portugal

Spanish energy company Iberdrola has connected the first power unit at its Tâmega hydroelectric and pumped storage giga battery plant in Portugal.

read more... 01/02/2022

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UK Plans More Power Capacity To Avoid Outages Next Winter

The UK looks to prevent power outages next winter season by setting a higher target for the 2022/2023 power capacity auction than the one recommended by grid operator National Grid Plc.

read more... 26/01/2022

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Germany mulls scrapping energy bill surcharge early as prices rise

The German government may scrap this year a surcharge on electricity bills used to support renewable power, to ease the strain of rising energy costs on millions of households, Social Democrat (SPD) co-leader Lars Klingbeil said on Saturday.

read more... 24/01/2022

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