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Market Analysis
Millions of Households Could Switch Their Energy Supplier in Second Half of 2023
The number of households switching their energy supplier could skyrocket from July 2023, as falling energy wholesale prices coupled with reduced government supp…
Offshore Wind Power
New German Offshore Wind Farm Renamed Nordlicht
The German 980 MW wind project N-7.2 located in the North Sea has been renamed Nordlicht I. By the end of 2027 it will produce fossil-free wind power for one mi…
Geothermal Power Plant
Geothermal Royalties to Help Cut Power Costs in Radicondoli, Italy
View at Randicondoli, Tuscany, Italy (source: flickr/ Benjamin Rabe, creative commons)The Municipality of Radicondoli in Tuscany, Italy is offering tenders for …
Solar Power Panel
BayWa r.e. Sells Two UK Solar Projects
BayWa r.e. has sold two solar projects in the UK. The solar farms have a total capacity of 110 MWp, which have the potential to supply over 31 000 UK households…
Solar Power Plant
Household Solar Power Systems Overload Cyprus Electricity Grid
Some small photovoltaic plants were disconnected from the grid in Cyprus for the first time in an emergency intervention to prevent network overload. The countr…
Electricity Transmission
Winter 2023-24 price cap forecasts fall further below EPG, but long-term prospects remain uncertain
The latest forecasts for the Default Tariff Cap (price cap) released by Cornwall Insight, have shown energy bill predictions for a typical household1 have falle…
Solar Power Plant
Niger 14326 Households Benefited From Solar Energy Infrastructure
Solar energy plays an essential role in all stages of the agri-food value chain, from production to processing and storage, to increase productivity and income,…
Electricity Trade
Drop In Wholesale Energy Prices Sees Price Cap Predictions Fall Below the Energy Price Guarantee for Second Half of 2023
The latest forecasts for the Default Tariff Cap (price cap) released by Cornwall Insight, have shown energy bills for a typical household are predicted to be be…
Hydropower Plant
Borealis Signs Power Purchase Agreement With Verbund to Supply Austrian Operations With Hydropower
Borealis and VERBUND have signed a ten-year power purchase agreement to supply a yearly 220 GWh of hydropower – reportedly comparable to the amount of ene…
Energy Subsidies
UK Government Borrows £22BN to Fight Energy Crisis
That’s according to official data from the ONSImage: Deatonphotos / ShutterstockSupporting UK households with paying their energy bills this year saw the …
Electricity Transmission
UAE Supplies Domestic Generators to Ukraine to Cope With Severe Winter Weather and Insufficient Power Supply
Agence Agency Abu Dhabi, December 24, 2022, today, the United Arab Emirates announced that it would deliver about 2500 household generators to civilians affecte…
Offshore Wind Power
Vattenfall Increases Capacity of Norfolk Offshore Wind Zone (UK) To 4.2 GW
The Swedish energy company Vattenfall has announced it will increase the capacity of the Norfolk Offshore Wind Zone off the UK’s coast from 3.6 GW to over…
Oil Price
Energy Suppliers Face Over £1.9bn Of Debt As Households Struggle To Pay Their Bills
A new report from Cornwall Insight and Complete Strategy – ‘Bad debt and energy suppliers: A systemic risk' – has shown domestic energy su…
LNG
German Energy Regulator Urges Consumers To Save More Gas
Households must reduce gas consumption by 20%, more than they’re currently doing, to avoid shortages in coming months, Bundesnetzagentur warns.
Energy Saving
Reduced French Energy Consumption Largely Owing to Mild Weather, Says Govt
Energy saving measures by households and businesses accounted for only a small amount of a reduction in French electricity consumption in November, most of whic…
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