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France: energy suppliers’ demand for Arenh nuclear electricity in 2025 exceeds the quota again
The demand for low-cost nuclear electricity offered by EDF through the Arenh mechanism (Regulated Access to Historic Nuclear Electricity) continues to exceed the regulatory caps. The Commission de régulation de l’énergie (CRE) revealed that alternative suppliers requested a total of 134.93 terawatt-hours (TWh) for 2025. This figure represents an allocation rate of 74.12%, meaning that not all requests will be met.
read more... 03/12/2024
Irish interconnector plan “boost” for Europe’s power market – EEX
Four power interconnectors being introduced to the Irish grid over the next eight years are expected to bring a “major boost” to Europe’s electricity market, the managing director of the EEX exchange said on Thursday
read more... 29/11/2024
Poland to keep household energy price freeze in 2025, to spend $1.3 bln
The Polish government will extend its freeze on household energy prices for the first nine months of 2025, a draft bill adopted by the Cabinet showed on Tuesday.
read more... 20/11/2024
Bulgaria spearheads COP29 initiative to bring down electricity prices
The project was announced by Bulgarian energy minister Vladimir Malinov, in the presence of the President of Bulgaria, Rumen Radev, and the Prime Minister of the Hellenic Republic, Kyriakos Mitsotakis.
read more... 18/11/2024
UK energy regulator approves $2.5 bln funding for new subsea cable
British energy regulator Ofgem has approved a 2 billion pounds ($2.5 billion) funding package to build nearly 200 kilometres (124 miles) of new subsea and underground cables linking Scotland to the north-east of England, it said on Friday.
read more... 15/11/2024