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Commercial power trade between Ukraine and continental Europe to start June 30

Commercial electricity trade between Ukraine/Moldova and the EU will start on June 30, the European Network of Transmission System Operators said June 28.

read more... 29/06/2022

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Statkraft to double power output to 100 TWh by 2030

Norwegian power producer Statkraft plans to double its annual output to 100 TWh by 2030 with an additional 30 GW of green capacity planned by the turn of the decade, it said on Tuesday.

read more... 29/06/2022

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RWE to rethink UK investments if it proceeds with tax on power firms

German utility RWE AG's head has warned that a windfall tax on electricity generators in Britain would make it and other power firms reconsider their investment decisions in the country, the Financial Times reported on Sunday.

read more... 28/06/2022

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Spain readies new tax on electric utilities' profits

The Spanish government is readying a new tax on electricity utilities' profits, which have been boosted by energy prices, Budget Minister Maria Jesus Montero said on Tuesday.

read more... 22/06/2022

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Europe’s electricity industry calls for €400bn investment in distribution grids

Jean-Bernard Lévy, the chairman and CEO of French utility EDF and current president of power industry association Eurelectric, has urged EU countries to invest in distribution grids in order to sustain Europe’s move towards climate neutrality.

read more... 22/06/2022

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