electricity

Pressure on Europe to secure alternative gas supplies increased on Thursday as Moscow imposed sanctions on European subsidiaries of state-owned Gazprom a day after Ukraine stopped a major gas transit route. Gas prices surged, with the key European benchmark gaining 12% as buyers were unsettled by the mounting threats to Europe's supply, given its high dependence on Russia.
  • May 15, 2022
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Spain and Portugal have sent their proposal on how to cap the price of natural gas used to generate electricity to the European Commission. The premier said he hopes to get approval from the Commission soon in order to be able to start implementing the plan during the next few days.
  • May 10, 2022
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Electricity generated from renewable energy sources totaled 795 million megawatt-hours (MWh) in the United States in 2021, surpassing the 778 million MWh of electric power generated from nuclear reactors. According to Energy Information Administration (EIA), wind and solar energy primarily contributed to the boost in power generation from renewables.
  • May 9, 2022
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A consortium is exploring how an open and interoperable digital twin of the UK’s electricity transmission and distribution networks can aid decision-making when managing and balancing energy resources and assets.
  • May 2, 2022
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French authorities have reported that half of the country's nuclear power plants are now offline for maintenance or defects, at a time of soaring demand for electricity amid the energy crisis in Europe.
  • May 2, 2022
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In a much-awaited report, the EU Agency for the Cooperation of Energy Regulators (ACER) delivered its conclusion on the role played by wholesale electricity markets in the ongoing energy price crisis, exacerbated by Russia’s war in Ukraine. The report states: “Whilst the current circumstances impacting the EU’s energy system are far from ‘normal’, ACER finds that the current electricity market design is not to blame for the current crisis”.
  • April 30, 2022
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