The reference power price for the Nordic region hit a record high on Monday, with prices in southern Norway scaling new heights for a second consecutive day, driven by colder weather and even more elevated prices in continental Europe and Britain.
read more... 21/12/2021
Norway's government said on Friday it had secured a majority in parliament for a revised plan to subsidise household electricity bills amid a spike in power prices.
read more... 20/12/2021
Bulgaria's lawmakers voted on Wednesday to shield households from surging energy costs by freezing their electricity and heating prices at current levels in the European Union's poorest state, a move slammed by power distribution companies.
read more... 16/12/2021
Sembcorp Energy UK (SEUK) has announced plans to build Europe’s largest battery in Teeside to boost its portfolio and strengthen the UK’s renewable infrastructure as the country pushes to reach net-zero carbon emissions by 2050.
read more... 15/12/2021
Norway's power production surplus is expected to fall significantly by 2026, with the south of the country moving into deficit owing to rapidly increasing demand, power grid operator Statnett said on Friday.
read more... 13/12/2021