renewable-energy
Top StoriesEU Sets Sights on Energy Market Reform as Prices Soar
Top StoriesDutch Wind Farm Blows Away Opposition as ‘new Millers’ Get a Stake
Top StoriesIkea Stores Owner Buys 49% Stake in Swedish Wind Power Projects
Top StoriesFunds From Electricity Levy Could Help German Households, Says Renewables Association
UK Gas Producers Boost Domestic Output by 26% in First Half of 2022
Date: August 24, 2022
By Sachin Ravikumar LONDON (Reuters) – Gas production in the United Kingdom rose 26% in the first half of this year compared to the same period last year, an industry body said on Wednesday, as Britain cuts Russian energy imports in response to Moscow’s invasion of Ukraine. The 3.5 billion cubic metres increase in locally-produced...
Exclusive-Norway Eyes High Gas Output Until 2030, Says Energy Minister
Date: August 23, 2022
By Nora Buli and Nerijus Adomaitis OSLO (Reuters) – Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports over Moscow’s invasion of Ukraine, its energy minister said on Tuesday. “I expect that we can maintain the production levels we are at...
Rising German Solar Supply Weighs on Spot Prices
Date: August 18, 2022
PARIS (Reuters) – European spot power prices fell on Thursday as German solar supply is seen rising, while French nuclear availability increased. German baseload power for delivery on Friday was down 6.2% to 526.50 euros a megawatt-hour (MWh) at 0829 GMT. The equivalent French price dropped 6% to 522 euros/MWh. Electricity supply from solar sources...
Swedish PM Pledges Billions to Offset Soaring Energy Bills as Election Nears
Date: August 17, 2022
STOCKHOLM (Reuters) – Sweden’s government said on Wednesday it would hand around 60 billion crowns ($5.8 billion) to companies and households to ease the pain of soaring electricity prices, as it looks to woo voters ahead of September’s general election. Electricity prices have hit record levels after Russia’s invasion of Ukraine even though Sweden is...
Spot Prices up on Less Solar, Rising French Demand
Date: August 17, 2022
PARIS (Reuters) – European spot power contracts rose on Wednesday, as solar supply in Germany is expected to fall while demand is forecast to rise in France and a reactor restart was pushed back one day. German baseload power for delivery on Thursday rose 2.4% to 561 euros ($570.76) a megawatt-hour (MWh) at 0914 GMT....
Bp Solar Joint Venture Expanding in Australia With Two New Projects
Date: August 16, 2022
By Sonali Paul MELBOURNE (Reuters) – Solar developer Lightsource bp is set to reach financial close later this year on two new solar farms in Australia for a total cost of A$800 million ($560 million), the company half-owned by BP Plc said on Tuesday. The Wellington North project in New South Wales and smaller Wunghnu...