NeuConnect, the first direct power link between the UK and Germany, achieved a key milestone this week by signing a licence agreement with The Crown Estate.
read more... 12/07/2023
Scottish and Southern Energy Networks (SSEN) said on Tuesday it had signed a joint venture agreement with Britain's National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea cable linking northern Scotland to England.
read more... 06/07/2023
Spain has taken over the EU’s power market reform challenge after Sweden failed to broker an informal agreement between the bloc’s members during the final three months of its presidency.
read more... 05/07/2023
European Union countries are considering stricter limits on state aid for power plants in an upcoming revamp of Europe's electricity market, after disagreements between Germany and France over the issue sunk a deal last week.
read more... 03/07/2023
Oil prices tumbled following a turbulent session on Thursday after reports, later denied by the White House, of an imminent agreement between the US and Iran on oil sanctions. Brent crude dropped by 1.3% to settle at $75.96 a barrel. Meanwhile, WTI crude declined by about 2% closing at $71.29 a barrel.
read more... 09/06/2023