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Shell injects $1.5 bln into UK retail power business to help it weather volatility
Shell has injected nearly $1.5 billion in cash and credit into its British energy retail business this year to help it weather huge volatility in power prices that caused the collapse of several rival UK power utilities, Shell Energy said in a filing on Thursday.
read more... 09/12/2022
WindEurope calls for EU electricity markets reform
WindEurope and the chemical industry representative body Cefic have written to the European Commission calling for electricity markets to support investments in renewables
read more... 08/12/2022
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France facing tight power supply situation in winter
France is gearing up for a "tight" power supply situation but will not necessarily face cuts this winter, the head of French energy regulator RTE said on Thursday.
read more... 01/12/2022
Ofgem sets out UK grid investment package
Ofgem has confirmed a five-year investment package for the electricity distribution network companies, which it says will help deliver cheaper, cleaner, more reliable local grids at no extra cost to consumers.
read more... 30/11/2022
“Disgraceful” wind power tax to lift Norway prices
Investment firm Prime Capital has slammed Norway’s plans to introduce a retroactive ground rent tax for wind power which it says will deter investment in renewables and lead to higher electricity prices.
read more... 24/11/2022