Blog & News

Managers at France's major electricity supplier EDF have joined hands to support workers in a strike over price-capping by the government, which is also the company’s main shareholder. Estimates are that EDF will lose between €7.7 billion and €8.4 billion in 2022 as a result of the government’s decision to cap power price increases.
  • March 17, 2022
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Finland's Olkiluoto 3 nuclear reactor started on-trail production this week, delivering power to the national grid. It is Finland's first new nuclear plant to become operational in over 4 decades and Europe's first in almost 15 years.
  • March 16, 2022
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We asked the experts from our speaker panel at the 2nd Data Hub in Power and Utilities about the biggest challenge this year in front of establishing, implementing, and operating a data hub for data-powered utilities.
  • March 15, 2022
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The Bulgarian government has announced that it will build at least one nuclear reactor at the functioning Kozloduy Nuclear power plant on the banks of the Danube river. It is estimated that if the project starts this year, the reactor will begin operating between 2028-30.
  • March 15, 2022
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In a radical attempt to cut down energy costs, Spain plans to set temporary limits on power prices in the coming weeks. A surge in energy costs has forced Spanish industries to shut operations and suspend workers. Months of record electricity prices have forced a number of steelmakers to suspend some operations this week in Spain.
  • March 14, 2022
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Natural gas prices in Europe declined for the fourth day after Russia excluded some major commodities from its list of products set to suffer export restrictions. Russia announced an export ban for more than 200 products after the country’s economy was hit by sanctions over the invasion of Ukraine.
  • March 12, 2022
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Gas imports from Russia make up 40% of the European Union’s gas consumption. Nord Stream 2 when operational could have supplied 55 billion cubic meters of natural gas or ten percent of Europe’s annual consumption.
  • March 10, 2022
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The European Commission outlined a plan to make Europe independent from Russian fossil fuels before 2030, starting with gas, in light of the country’s military offensive in Ukraine. The proposal is designed to curb energy prices and replenish gas stocks for next winter amid the uncertainty of supply.
  • March 10, 2022
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It’s been another strong year for PPAs or Power Purchase Agreements in Europe. 2020 saw more than double (53) of PPAs signed compared to 2018 with ‌5.8 GW of CPPAs (Corporate Power Purchase Agreements). Spain and Germany seem to be the largest European markets for CPPAs.  
  • March 7, 2022
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During these times of global warming, methane leakage should be the least of any company’s concerns. This odourless, dry gas is getting a bad rap, for they are 80 times more potent than C02 in increasing temperatures. Probably why every countries’ environmental agenda scrutinises about methane emission.  
  • February 23, 2022
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