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Russia aims to attract $28 billion investment in power plant upgrades

Russia’s government approved a 10-year modernization program for Russian power plants, expected to attract $28.8 billion (1.9 trillion Russian rubles) in private investments in the sector, Energy Minister Alexander Novak said.

read more... 28/01/2019

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SSE completes £970m Caithness-Moray transmission project in Scotland

The company said that its subsidiary Scottish and Southern Electricity Networks Transmission (SSEN Transmission) completed the construction, commissioning and energization of the Caithness-Moray project on time and within the allowance approved by Ofgem.

read more... 15/01/2019

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Eskom asks for 45% power tariff hike over next 3 years (South Africa)

South African state-run power utility Eskom has submitted a request to the domestic regulator NERSA (National Energy Regulator of South Africa) for a 45% electricity price hike spread over the next three years. Public hearings on Eskom’s demand for an initial 15% electricity tariff increase are expected to start later in January 2019.

read more... 08/01/2019

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UK-Belgium power link launched

The Nemo subsea power interconnector that links the UK and Belgium has officially been launched.

read more... 06/12/2018

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Romania's Transelectrica to invest 4.1 bln lei (880 mln euro) by 2027

Romanian power grid operator Transelectrica said on Friday it plans to invest 4.1 billion lei ($1 billion/880 million euro) in network development by 2027.

read more... 26/11/2018

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