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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…

United States

US Governors Push Back on PJM After Record-High Power Plant Prices

A group of five governors on Tuesday urged PJM Interconnection, the largest U.S. grid operator, to change the process it uses to determine the price paid to pow…

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 …

India

JSW Group, Posco To Build 5 Million Tons Steel Factory In India

JSW Group and South Korea’s Posco Group will build an integrated steel factory in India with an initial capacity of 5 million tons a year.The two groups s…

Spain

Spain’s Silbat Set To Rollout Silicon Batteries By 2028

The startup is developing LDES technology that, housed in a 40-foot container, would have an estimated power of 100 kW and a capacity of about 100 hours with a …

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…

Hydrogen Production

Statkraft Aiming For Up To €107 Million In Eu Funding For Hydrogen Production In Germany

Statkraft can likely count on support from the EU in its plans to build a hydrogen production site in Germany.The Norwegian state-owned company wants to build e…

Offshore Wind Power

SSE Downgraded To ‘Sell’ Amid Concerns Over Offshore Wind And Market Volatility

Citi has downgraded SSE PLC (LSE:SSE) to a 'sell' rating, cautioning investors about potential setbacks in the energy firm’s growth strategy.Despi…

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…