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Nordic spot power hits record low over Easter weekend

The Easter weekend saw the two lowest spot prices for Nordic power since the euro was introduced in 1999, Nord Pool figures showed.

read more... 14/04/2020

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EIB offers €100m loan to upgrade Elenia electricity network in Finland

The European Investment Bank (EIB) has agreed to provide €100m loan to Finland-based electricity distribution system operator Elenia.

read more... 08/04/2020

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German hourly power drops to minus 50.26 euros per MWh for Sunday

German day-ahead power prices plunged as low as EUR -50.26/MWh on an hourly basis for a fourth consecutive Sunday amid low demand and high renewables feed-in.

read more... 06/04/2020

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PGE posts 80% rise in 2019 wholesale power sales

Polish utility PGE sold 61.4 TWh of output on power exchange TGE and the balancing market in 2019, up 80% from the pervious year, the company said late on Tuesday.

read more... 01/04/2020

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EU power prices could drop 40% on recession – Thema

Continental European power prices could fall by up to 40% to EUR 20-25/MWh on average next year should efforts to curb the coronavirus cause a global recession, said Oslo-based consultancy Thema.

read more... 30/03/2020

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