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Power firms, investors, complain to EU about Spanish profit claw-back
Power firms including wind energy leader Iberdrola and investors have complained to European officials about a Spanish move to claw back company profits and channel them to consumers hit by high energy prices, a letter seen by Reuters showed.
read more... 04/10/2021
Norway TSO Statnett confirms Oct. 1 start for NSL link to UK at reduced 700 MW
The 1.4 GW North Sea Link power interconnector from Norway to Great Britain is to start operations as scheduled on Oct. 1, Norwegian grid operator Statnett said Sept. 23 after market close.
read more... 27/09/2021
Siemens Energy and Sumitomo chosen for interconnector project
The Greenlink interconnector is designed to make both countries' power supplies more secure and make their grids more stable.
read more... 22/09/2021
Europe's power firms locked out of record price bonanza
Several European power firms have been shut out of bumper revenues from record high gas and electricity prices as their sales are largely locked in at lower prices, and face extra pressure from governments acting to protect consumers.
read more... 20/09/2021
Italy eying power bill reform as energy costs soar
Italy is looking to review the way electricity bills are calculated in an effort to curb prices at a time when energy costs are running high, two sources familiar with the matter said on Tuesday.
read more... 15/09/2021