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Electricity
Gas power plant
Nigeria’s Lagos Invites Bids to Develop Up to 4 GW of Gas-Fired Power Plants
The State Government of Lagos (Nigeria) has invited bids for the development by independent power producers of up to 4,050 MW of gas-fired power plants in Lagos…
Electricity Transmission
How Transmission Services Could Be a Gas Turbine Money-Spinner
Gas turbine plants could be run continuously to provide services hears Brussels conferenceThe growth of renewables could open the way for peak-load gas turbine …
Power Construction
Bangladesh Fast Tracks Payment To Adani Power After Supply Cut
Bangladesh is accelerating payment of more than $800 million it owes Adani Power (ADAN.NS), ahead of a Nov. 7 deadline set by the Indian company, which has cut …
Distributed Grid
UK Power Hits 11-Month High as Reliance on Europe Reaches Record
UK power prices jumped to their highest in almost a year as the country imports electricity from Europe at record levels.The day-ahead price for delivery Tuesda…
Electricity Transmission
South Africa’s Eskom Opposes Electricity Trading Licenses
Power utility Eskom Holdings SOC Ltd. will ask the High Court to review a decision by South Africa’s energy regulator to grant licenses to multiple applic…
Electricity Trade
The Rust Belt Is Becoming Ground Zero for the EV Charging Boom
As electric car sales pick up pace far from the US coasts, a wave of new fast-charging stations coming online from the Rust Belt down to the Deep South.Roughly …
Natural Gas
Tax Hikes Hinder Gas Price Drop, Raise Electricity Costs
espite reductions in the cost of energy, supply and network services (-2% compared to second half of 2023), total prices slightly increased (+2%), as government…
Electricity Trade
UK's Energy Industry Divided in Battle for Free Electricity
A proposal to divide up the UK power market and unleash free electricity in the windiest parts of the nation is turning into a bitter fight between its biggest …
PowerGrid Technology
$474 Million for More Grid Resilience in USA
After Hurricane Helene and Hurricane Milton knocked out power for millions of Americans recently, grid resilience is top of mind. We need better grid resilience…
Electricity Trade
Spanish Renewables Industry Warns Of Threats To Investment
The mismatch between increasing supply of renewable power and electricity demand that is struggling to grow, coupled with depressed wholesale power prices, thre…
Battery
US Power Grid Added Battery Equivalent Of 20 Nuclear Reactors In Past Four Years
Faced with worsening climate-driven disasters and an electricity grid increasingly supplied by intermittent renewables, the US is rapidly installing huge batter…
Electricity Transmission
Iberdrola acquires 88% of UK-based Electricity North West for $5.4bn
Iberdrola has closed the acquisition of an 88% stake in UK-based Electricity North West (ENW).The agreement values the entire company, including debt, at €…
United States
Shell To Acquire 609mw CCGT Power Plant Owner RISEC In US
Shell to buy a 609MW CCGT power plant in the US. (Credit: Jason Mavrommatis on Unsplash)Shell Energy North America (SENA), a subsidiary of Shell, has agreed to …
Solar Technology
Huawei In Zimbabwe Solar Power Deal For Mines
Leading renewable energy provider Grid Africa has entered into a strategic partnership with global technology giant Huawei to implement a 72MW solar power proje…
Electricity Transmission
US DOE to Invest a Further $2BN to Enhance Grid Resilience and Capacity
The US Department of Energy (DOE) has announced $2bn in additional funding for 38 projects to protect the nation’s power grid against extreme weather and …
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