The five interconnectors, which connect Great Britain with France, Belgium, the Netherlands and Norway, transported almost 12 per cent more power than in the same period last year, at an average of 91 GWh per day. National Grid reported that a total of 2.6 TWh of power was transported through its cables in January alone,…
Record additions of new wind and solar in 2022 helped Europe survive a “triple crisis” created by restrictions on Russian gas supplies, a dip in hydro caused by drought and unexpected nuclear outages, the analysis says. Around 83% of the dip in hydro and nuclear power was met by wind and solar – and falling…
Rystad Energy’s current base case forecast has Europe adding as much as 530 gigawatts (GW) of solar PV and onshore and offshore wind between 2022 and 2030, more than 66 GW per year on average. Furthermore, the share of solar and wind combined as a share of total installed capacity surpassed 10% in 2010 and…
PRAGUE – European Union (EU) energy ministers held an informal meeting here on Wednesday to discuss solutions for high gas prices, preparing for the energy situation this winter, and a possible revision of the electricity market. Discussions aimed to define the European Commission’s legislative proposals on joint gas purchases and possible price capping, according to…
The wave of price hikes is not set to abate before next spring, and ministers discussed a set of short-term measures that have been put forward by the European Commission to help consumers and businesses weather the shock. The main reason behind the sharp spike is increased global demand for energy, and gas in particular.…