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Electricity prices
Nuclear Reactor
Operators Extend Finnish, Swedish Nuclear Reactor Outages
The ongoing outages at Finland's OL3 and Sweden's Ringhals 4 nuclear reactors were extended on Thursday, operators TVO and Vattenfall said in market mes…
Nuclear Reactor
Finland Extends Nuclear Reactor Outage, Sees Power Prices Soar
Finnish power company TVO said on Monday it had extended an outage at Olkiluoto 3, Europe's largest nuclear power generator, while it undertakes repairs, re…
Solar Power Plant
Solar Energy Generation Reaches Record High in Australia
Solar electricity generation reached a record high in Australia's third quarter, contributing to a nearly 70% drop in average wholesale electricity prices. …
Nuclear Power Plant (NPP)
Finland’s New Nuclear Plant Brings Down Electricity Prices by Over 75 Percent
(MENAFN) The start of Europe's first new nuclear plant in 16 years has helped bring down electricity prices in Finland by more than 75 percent. The Olkiluot…
Solar Power Panel
Solar Relief for Social Housing as Four Companies Act to Slash Soaring Power Bills
Four renewable energy companies have partnered to create a lower-cost solar package that could slash power bills for social housing tenants by up to 40%.The cos…
EU
France’s €13.5bn Scheme to Compensate Energy-Intensive Firms Granted EU Approval
The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2…
Coal-Fired Power Plants
Australia Set to Face High Power Prices as Coal Plants Retire
Australia is set to face high electricity prices for several years as massive new investment will be needed in transmission lines to hook renewable energy proje…
Belgium
Thousands Take to the Streets in Belgium Against Soaring Energy Prices
Thousands of people protested against soaring electricity prices and costs of living in the Belgian capital Brussels on Wednesday, following a similar protest t…
Poland
Poland to Freeze Electricity Prices for Households in 2023
Poland plans to freeze in 2023 electricity prices at current levels for households consuming less energy, the ruling Law and Justice (PiS) leader said on Tuesda…
EU
EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms
It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred b…
Natural Gas
European Intervention Sees Gas Prices Drop
The EU is looking to separate gas and electricity prices to protect consumers.
Germany
Europe’s Power Prices Surge to New Record
Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on…
Natural Gas
EU Greenlights €5BN German Scheme to Support Energy and Trade Intensive Firms
Under the measure, the aid will take the form of direct grants for additional costs due to severe increases in natural gas and electricity prices
Energy Storage Battery
Increase in Battery Storage Use Could Push Australian Electricity Prices Even Higher
Data collated by Cornwall Insight Australia, looking at battery storage operations from June 2021 to May 2022, has shown a link between the increase in the amou…
Natural Gas
Gas Crunch Causes Electricity Crisis Despite Record Cheap Clean Energy. Time to Create a “Green Energy Pool”?
In the UK and similar nations, the gas crisis is ballooning electricity prices too.
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