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Electricity prices set to fall in Sweden, Finland, rise in Norway over next 5 years

The change in prices results from rising demand from the transport sector and industry, the addition of wind power capacity and new interconnectors with the rest of Europe, the grid operator said

read more... 18/12/2020

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UK electricity balancing costs surge to GBP200 million in November

UK system balancing costs rose 33% on month in November as constraint costs ballooned, National Grid data showed Dec. 15.

read more... 16/12/2020

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European demand to rise by 2.3pc in 2021

Power consumption in Europe is expected to rise by 2.3pc year on year in 2021, following a demand recovery due to Covid-19, the International Energy Agency (IEA) said.

read more... 15/12/2020

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Finland to build new power substation

Finnish transmission system operator Fingrid has started building a new substation in southern Finland that will facilitate the connection of up to 1GW of new wind power capacity to the grid.

read more... 08/12/2020

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German utility E.ON to invest over 127 mln lei (26 mln euro) in smart meters in Romania

German utility group E.ON said on Friday it plans to install 397,000 smart meters in Romania by 2028, investing 127 million lei ($32 million/26 million euro) in the project.

read more... 07/12/2020

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