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Power price
Wind Farm
Delays to Onshore Wind Investment Increase Long-Term Power Prices in Ireland
Data from Cornwall Insight Ireland’s fourth - ‘All-Island Power Market Outlook to 2030’ – has forecast that energy prices will not retur…
Oil Price
Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap
The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity pro…
Natural Gas
Europe's Crisis Measures to Tackle Energy Price Spike
European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampe…
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…
Nuclear Power Plant
European Power Prices Drop as Nuclear, Wind, and Solar Surge
Higher nuclear power generation in France and more solar and wind supply out of Germany eased Europe's prompt power prices early on Monday.
EU
European Utilities Rally as EU Unveils Rescue Plan
Just hours after the European Commission proposed caps on power prices across the bloc, European utilities have rallied, with stocks gaining on indications that…
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…
Australia
Energy Prices Across Australia to Remain High Until 2026
Research from Cornwall Insight Australia’s Benchmark Power Curve (BPC)1, which looks at power prices up until 2042, has forecast that all states in the Nationa…
Nuclear Power Plant
Why Europe Could Be Heading for a "Nuclear Renaissance" with Energy Prices at Record Highs
The conflict between Russia and Ukraine has sent gas and power prices soaring. Alex Rankine explains why Europe could be heading for a "nuclear renaissance".
Gas and Power Prices Continue to Soar Due to Ukraine Conflict
Sky-high wholesale gas prices in Europe reached record levels in the first quarter this year as a result of the conflict between Ukraine and Russia, according t…
LNG
Energy Spending to Hit Record High of over $2t in 2022: Report
Global energy spending in 2022 is expected to reach a record high of more than $2t, driven by the surging oil, gas and power prices, Rystad Energy projected.
Natural Gas
Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says
Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…
Thermal Plant
Brazil Lowers Thermal Power Price Cap
The Brazilian power sector monitoring committee has lowered the price cap for generation to R600/MWh effective immediately.
United Kingdom
UK Power Prices Rise To One Month-High On Low Wind Generation
UK peak-hour power prices for Monday evening through 6 p.m. surged to the highest level in a month due to low wind power generation during the weekend.
Electricity Trade
Power Prices Reach Stunning EUR 400 per MWh in Europe
Power prices reached critical levels across Europe amid a surge in costs for natural gas and an outage in France.
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