A rise in electricity prices is expected to hit the southern parts of Sweden particularly hard this winter. Experts say that prices could be twice as high as last year...
Equinix has signed a new wind Power Purchase Agreement with French renewable power producer Neoen in Finland.
In Baltic States, as well as countries like Finland, Sweden and Germany, electricity prices have increased by 50%, reaching €164.20/MWh in Latvia and €151.37/MWh in Estonia. In Lithuania the average electricity price reached €164.71/MWh, which is an increase by 41% when compared to April.
According to the Association of Swiss Electricity Companies (AES), record market prices mean that a majority of electrical supply companies will have to charge their customers higher prices in 2023.
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.