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RWE buys 1.4-GW Dutch Magnum gas-fired power plant for Eur500 million
German utility RWE has bought the 1.4-GW Magnum power station in Groningen, the Netherlands from Sweden's Vattenfall for Eur500 million ($534 million), the utilities said June 2.
read more... 03/06/2022
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Finland needs to build more power capacity
Finland needs to build more power generation and continue nuclear investment following the loss of Russian energy imports, said the head of the Finnish Energy Industries Association.
read more... 26/05/2022
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BayWa re plans to issue 10TWh renewable energy tender in Europe
German renewable energy company BayWa re plans to issue a tender for 10TWh worth of corporate power purchase agreements (PPAs) over ten years later this year.
read more... 11/05/2022
Spain, Portugal to approve gas price cap on Tuesday
The governments of Portugal and Spain will decree on Tuesday the introduction of a Brussels-backed temporary cap on reference prices of natural gas and coal used by power plants, Portuguese Prime Minister Antonio Costa said on Monday.
read more... 10/05/2022
Swiss preparing for possible 'severe' electricity and gas shortages
The Swiss government is setting up a gas sector crisis intervention group and a monitoring system for early detection of an impending electricity shortage, it said on Wednesday, as it prepares for the possibility of "severe" power shortages.
read more... 05/05/2022