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Electricity market
Gas power plant
Blackstone to Buy Pennsylvania Power Plant for About $1 Billion
Blackstone announced on Monday that it has agreed to purchase a natural gas power plant in Western Pennsylvania for nearly $1 billion. The acquisition reflects …
Power Construction
Australia Sets New Grid Rules to Speed up Renewable Connections
The Australian Energy Market Commission (AEMC) has introduced the first of two significant reforms to the National Electricity Market (NEM) access standards to …
Photovoltaic (PV)
Argentina Publishes Details of 500 MW Battery Tender
On February 18, 2025, Argentina’s Wholesale Electricity Market Administration Company (CAMMESA) released a contract template to assist participants in the…
Power Construction
Grid Connection Granted to 1.3GW Solar Farm and Storage System in Australia
The Eurimbula Solar Farm and battery energy storage system (BESS) has received official grid connection approval to join Australia’s National Electricity …
Electricity Trade
Germany Advised to Split Power Market to Reflect Regional Cost Differences
A report by the European Network of Transmission System Operators for Electricity (ENTSO-E) suggests that Germany should consider dividing its electricity marke…
Power Construction
Ofgem to Confirm NESO’s Plan to Reform UK Grid Connections
The UK’s Office of Gas and Electricity Markets (Ofgem) is set to approve a new plan from the National Energy System Operator (NESO) to overhaul grid conne…
Virtual power plants
Virtual Power Plant Company Leap Recognizes Opportunity in the PJM Market
Leap, a company providing a platform for launching and scaling virtual power plants (VPPs), has announced its entry into PJM Interconnection, the largest wholes…
Solar project
Scatec Secures 15-Year CFD for 190MW Solar Portfolio in Romania
Scatec Secures 15-Year Cfd for 190MW Solar Portfolio in RomaniaRenewable energy solutions provider Scatec has entered a 15-year contract-for-difference (CfD) ag…
Electricity Trade
Trangrid Revises Delivery Contract for Energyconnect
Transgrid has negotiated a new fixed-price contract with Elecnor Australia for EnergyConnect.With the project being critical to the reliability and security of …
France
European Electricity Market Prices Rose Over Christmas Week as Wind Power Fell and Gas Rose
In the fourth week of December, prices in most major European electricity markets rose, exceeding €100/MWh on a weekly average. These rises were driven by …
Battery
Australia’s Batteries Surf Revenue Wave on Back of Volatile Power Prices
Investments in battery storage within Australia’s National Electricity Market (NEM) are increasingly profitable due to higher power price volatility and c…
Solar project
Australia’s CIS Tender 1 to Deliver 2.75 GW of Solar
Australia’s Capacity Investment Scheme (CIS) Tender 1 will add 2.75 GW of solar generation to the National Electricity Market (NEM), with 12 of the 19 successf…
Rooftop Solar
100% of NEM Demand Met by Rooftop Solar on AEMO’s Transition Plan Horizon
The Australian Energy Market Operator’s new and first national electricity market transition to renewables system security plan is future proofing the gri…
Renewable Energy
European Wind Energy Continued to Curb the Effect of the Gas Price Rise on Electricity Markets in the Third Week of November
In the third week of November, average prices in most major European electricity markets declined compared to the previous week. On Sunday, November 24, several…
Germany
Photovoltaic and Wind Energy in the Second Week of NovemberPhotovoltaic and Wind Energy
Wind power prevents rising gas prices from driving up European electricity market prices in the second week of November.In the second week of November, average …
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