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Lovech in Bulgaria to renew public lighting in EUR 596 million project

MPEnergi from Norway is about to replace 4,483 street lamps with LED technology and install management software and equipment. The municipality northeast of the capital of Bulgaria is counting on cofinancing from the EU’s EEA Grants for the modernization of its public lighting and a small solar power plant.

read more... 26/03/2020

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German front-month power hits 18-year low on virus crisis

The German April power contract traded at the lowest for a front month in 18 years amid continued worries that the spread of the coronavirus will further erode demand.

read more... 20/03/2020

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TenneT to invest up to €5bn a year

Dutch/German transmission system operator TenneT expects to increase its investment level to €4bn to €5bn annually in the coming years, as a result of the phase out of coal and nuclear power plants and the growth of offshore wind energy.

read more... 16/03/2020

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Serbia's EPS signs 350 MW TPP construction deal with Powerchina

Serbian state-owned power utility Elektroprivreda Srbije (EPS) has signed a preliminary agreement for the construction of the 350 MW Kolubara B thermal power plant (TPP) with Powerchina, it said.

read more... 10/03/2020

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Germany faces possible 7 GW supply deficit from 2022 – TSOs

Germany may need neighbours to cover up to 7 GW of its peak potential power demand during cold, dark periods of low wind output from 2022, network operators said in a study on Wednesday.

read more... 27/02/2020

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