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Germany's Scholz says more renewables key to lower industry costs

Ramping up renewable power production rather than subsidies is the key to lower electricity prices for Germany's energy-hungry industry, Chancellor Olaf Scholz said on Saturday, in an apparent dig at proposals by his government's economy minister.

read more... 08/05/2023

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German coalition mulls subsidising electricity for energy-intensive industries

Germany’s three-party coalition is debating whether electricity prices for energy-intensive industries should be subsidised to prevent companies from moving production abroad.

read more... 05/05/2023

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Westinghouse unveils small modular nuclear reactor

U.S. company Westinghouse unveiled plans on Thursday for a small modular reactor to generate virtually emissions-free electricity that could replace coal plants or power water desalinization and other industries.

read more... 05/05/2023

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Ukraine’s electricity exports skyrocket after six-month break

Ukraine exported almost 90,000MWh of electricity last month.

read more... 02/05/2023

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Power outages hit Nordic electricity system

The Nordic electricity power system was disrupted early on Wednesday, and two Swedish nuclear power reactors were disconnected, Finnish grid operator Fingrid and its Swedish counterpart said.

read more... 26/04/2023

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