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UK to remove cost exemptions for imported green energy, to stop recognizing EUGOs

The UK Government is set to end exemptions for imported green energy in Feed-in Tariffs and Contract for Difference schemes with a target date pending legislation of April 1, 2023, it said in an update to a consultation on the move posted on its website July 27.

read more... 29/07/2022

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NeuConnect UK-Germany power link project reaches financial close

The NeuConnect project, which aims to create the first direct power link between Germany and the UK, has reached financial close.

read more... 26/07/2022

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First UK-Germany power link gets financial green light

A financial agreement was reached on Thursday to build the first power cable linking Britain and Germany, with construction set to begin later this year as the two countries work to reduce dependency on Russian gas and increase the use of green energy.

read more... 22/07/2022

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Iberdrola opens 1.1GW hydroelectric storage project in Portugal

Spanish energy utility Iberdrola has officially opened the Tâmega Gigabattery hydroelectric storage project in Portugal.

read more... 20/07/2022

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UK launches review of British electricity market

The UK government on Monday launched a review into Britain's electricity market, seeking ways to lower costs for consumers contending with soaring energy prices.

read more... 19/07/2022

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