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Offshore Wind Power
Vestas Seeks to Hold onto Higher Wind Power Prices
Source: Bloomberg(Bloomberg) -- One of the world’s biggest wind turbine makers wants to hold onto recent price gains — rather than pass on savings — as …
Electricity Trade
Irish Power Prices Expected to Drop as Gas Storage Levels Remain High
New forecasts from Cornwall Insight’s SEM Benchmark Power Price Curve indicate power prices are set to fall in 2024-25. Power prices are expected to drop …
Nuclear Power Plant (NPP)
European Nuclear Plants Put Out of Work by Green Power Surge
Source: EPEX, OMIE(Bloomberg) -- The drive to promote renewable energy is turning the screws on Europe’s nuclear industry.While churning out fossil-free e…
Renewable Energy
Singapore's Sembcorp Sees Upbeat Results From Key Segments After Earnings Jump
Singapore's Sembcorp Industries (SCIL.SI), opens new tab on Tuesday forecast an upbeat future outlook for its gas and related services and renewables segmen…
Distributed Grid
French Retail Power Prices to Rise Nearly 10% From February
Regulated French power prices will rise nearly 10% from February in line with promises not to exceed that level, Finance Minister Bruno Le Maire said on SundayL…
Oil & Gas Trade
Power Prices Drop in Ireland as EU Increases Gas Reserves
Cornwall Insight have reduced their short-term power market price forecast for Ireland, with predictions for 2024 dropping by over 18%. This could bring welcome…
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…
Electricity Trade
EDF, French Govt Near Deal on Power Prices- Source Close to Govt
The logo is seen prior to the presentation of the French state-owned utility EDF 2023 half-year results in Paris, France, July 27, 2023. REUTERS/Benoit Tessier/…
Electricity Trade
Irish Power Prices to Rise in 2024 While Renewables Goals Hang in the Balance
A new report forecasting power prices out to 2030, has shown a jump in short-term prices. The data from Cornwall Insight’s All-Island Power Market Outlook…
Solar Technology
ORIT Sees NAV Decrease Due to Lower Wholesale Power Prices
Lower power prices has led to a decrease of £0.3 million. Image: Octopus Energy Generation.Octopus Renewables Infrastructure Trust (ORIT) has confirmed th…
Electricity Transmission
Scorching Heat Stresses Us Power Grids, Prices Soar
A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare…
Power Construction
Power Prices to Remain Elevated Until Late 2030s, Report Warns
Latest long-term power forecast from Cornwall Insight warns rising power demand, increasing exports, and continued reliance on gas will mean prices are likely t…
Hydropower Plant
Western US to See Higher Levels of Hydropower This Summer
Image by David Mark from PixabayUS power prices have been lower in 2023 than 2022 due to lower natural gas prices and modest power demand, and it will be import…
Coal-Fired Power Plants
US Coal-Fired Power Plant Retirements, Hydropower Output Remain Important This Summer
US power prices have been lower in 2023 from 2022 due to lower natural gas prices along with modest power demand, and it will be important to watch coal-fired p…
Power Construction
Increase in Energy Exports to the Continent Raises Long-Term GB Power Price Predictions
Cornwall Insight's latest report on the GB Power Market Outlook to 2030 has seen a rise in our projections for power prices in the latter half of the decade…
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