Latest news
EU to offer gas plants a green finance label under certain conditions
The European Union plans to label some gas power plants as sustainable investments, a draft document seen by Reuters showed, after an initial proposal to deny them a green label faced a backlash from some member states.
read more... 23/03/2021
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EU probes Greece’s largest power producer’s behaviour in wholesale market
The European Commission has opened a formal antitrust investigation to assess possible abusive behaviour by Public Power Corporation (PPC) in the wholesale Greek electricity sector, examining whether Greece’s largest power producer and electricity supplier distorted competition and slowed down renewable energy investment, the EU’s anti-trust chief said on March 16.
read more... 17/03/2021
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TenneT to invest up to €5bn a year to prepare grids for energy transition
The largest grid operator in the Netherlands and Germany, TenneT, has unveiled plans to spend up to €5 billion (£4.2bn) every year to build the electricity infrastructure needed for the energy transition.
read more... 15/03/2021
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Dramatic Shift in U.K.’s Power Mix Lies Ahead as Nuclear Fades
The U.K.’s power generation mix will see a dramatic shift from 2024 as output from its nuclear units is forecast to fade out sooner than anticipated.
read more... 12/03/2021
UK Energy Suppliers To Pay £10.4m Fine For Overcharging Customers
Ofgem has this morning charged 18 energy suppliers, including British Gas, Shell, and Scottish Power, a combined £10.4m for overcharging their customers.
read more... 03/03/2021