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Power prices
Hydropower Plant
Upgrade Plan Submitted for Nore Hydropower Plants in Norway
Statkraft has applied for a license to modernize its Nore hydropower plants in Buskerud, Norway, located along the Numedalslågen river. The project, estim…
Electricity Trade
China’s Richest Regions Cut Electricity Prices to Protect Industries
More Chinese regions are cutting electricity prices to help out their embattled industries, which is likely to worsen the squeeze on profits at power suppliers.…
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…
Wind Farm
Surging Wind Power Could ‘More Than Halve’ UK Electricity Prices
Continued reliance on gas-fired generation will eventually push power prices back up, finds analysis, although doing away with gas entirely would be even more e…
Distributed Grid
UK Power Hits 11-Month High as Reliance on Europe Reaches Record
UK power prices jumped to their highest in almost a year as the country imports electricity from Europe at record levels.The day-ahead price for delivery Tuesda…
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…
Electricity Transmission
Delayed Closure of Eraring Forecast to Cut NSW Power Prices by 40%
New power price forecasts suggest pushing back the closure date of Eraring power station from 2025 to 2027 will cut NSW power prices by 44%, dropping from a pre…
Distributed Grid
Summer Power Prices Seen Surging for Texas, Falling in California
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…
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…
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