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Latest Europe Update

EPEX SPOT power trading shows steep increase
04 October, 2017
The European Power Exchange EPEX reports that trading volumes grew by 9.5%...
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Gasunie joins North Sea hub
Wednesday, September 20, 2017 The North Sea Wind Power Hub has welcomed Dutch gas grid operator Gasunie as its latest member.

GGA adopts the Florence Declaration
Wednesday, September 13, 2017 Government representatives of national members of the Global Geothermal Alliance agreed on 12 September to work together to implement measures that will increase the speed of...

Spanish capacity market faces legal challenge
Sunday, August 13, 2017 Two Spanish non-governmental organizations have submitted a complaint to the European Commission alleging that Spain’s capacity market system contravenes state aid laws.

Demand pushes Spanish auction to 5 GW
Tuesday, August 08, 2017 Some 5 GW of renewable energy capacity will be built in Spain following the country’s latest auction.

Commission releases details of energy package
Monday, December 12, 2016 The European Commission has released the text of its long-awaited Clean Energy Package, which includes a raft of measures on clean energy, market design and governance rules.

La Nina could cause UK price spikes
Friday, May 27, 2016 Analysis by Bloomberg News suggests that the incoming weather system is likely to drive up energy demand while reducing wind speeds, producing a spike in UK power prices this coming winter.

Europe slips down the renewables investment rankings
Friday, May 13, 2016 European markets have lost ground in EY's latest Renewable Energy Country Attractiveness Index (RECAI).

European spot power price plunged in February
Thursday, March 10, 2016 Cheap fuel, plentiful wind and weak demand combined to deflate Continental European power prices in February, according to data released by Platts.

GE to cut jobs in Europe
Thursday, January 21, 2016 General Electric plans to cut 6500 jobs in Europe over the next two years, including 765 in France and 1300 in Switzerland.

European power prices plunge
Thursday, December 24, 2015 Continental European power prices fell dramatically November, caused by a combination of record levels of wind power output.

WEC calls for European co-operation
Monday, July 06, 2015 The German chapter of the World Energy Council (WEC) says that greater co-operation among European electricity markets would improve security of supply.

EIB boost for Polish grid
Tuesday, June 02, 2015 The European Investment Bank is lending up to PLN 946m (around €231m) to the Polish energy company ENEA S.A. for the upgrade and extension of the electricity networks in...

Commission launches plan for Energy Union
Friday, February 27, 2015 The European Commission has announced the adoption of a strategy designed to bring about a European Energy Union based on a single market.

Cummins opens alternator factory in UK
Friday, February 27, 2015 Cummins has opened a new purpose built production facility dedicated to the manufacture and assembly of the Stamford P80 alternator range.

France presents renewable energy plan
Thursday, August 07, 2014 A long-delayed energy bill outlining the French government's plans to boost renewable energy production and reduce dependence on nuclear energy has been presented to the country's cabinet.

NER-300 second-call funding
Thursday, July 10, 2014 As well as up to 300 million euro to the proposed 426 MWe White Rose oxyfuel plant at the Drax site, the European Commission has awarded about 700 million euro funding to 18...

Germany sets new RE record
Friday, May 16, 2014 The supply of renewable energy available on the system reached a new record high in Germany on 11 May, with wind and solar, supported by biomass and hydro, accounting for 74 % of...

Chevron begins shale drilling in Romania
Thursday, May 15, 2014 Chevron has started drilling its first exploratory well in search of shale gas in Romania.

Support for offshore wind and biomass under the UK's new CfD scheme
Thursday, April 24, 2014 Eight projects have been awarded investment contracts under what is called the "FID-enabling" or "early-CfD" scheme, an interim arrangement to allow developers to make final...

Norway boosts renewables investment
Thursday, April 10, 2014 Norway has mandated its sovereign wealth fund to increase investments in renewable energy but has stopped short of requiring it to invest directly in infrastructure projects.

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