(IN BRIEF) EDF and the UK Government have signed Heads of Terms for a Contract for Difference agreement to support a 20-year life extension for Sizewell B in Suffolk. The agreement would allow the nuclear power station, which had been … Read the full press release
Posted in Business, Energy, Gas & Oil, Government, Infrastructure & Utilities, Investment, United Kingdom
Tagged 180TWh, 270TWh, automated plant monitoring, baseload power, CFD, clean power, Contract for Difference, Ed Miliband, EDF, EDF and UK Government Advance Sizewell B Life Extension With Contract for Difference Heads of Terms, EDF and UK Government Sign Heads of Terms for Sizewell B Life Extension Agreement, EDF UK, energy security, environmental monitoring system, Hinkley Point C, homegrown electricity, Lord Vallance, low-carbon electricity, market volatility, Norfolk, nuclear power, planned outages, pressurised water reactor, Simone Rossi, Sizewell B, Sizewell B Set for 20-Year Extension Under EDF and UK Government CfD Agreement, skilled jobs, strike price, Suffolk, UK Government, UK nuclear energy, £70.50/MWh, £800 million refurbishment
(IN BRIEF) Centrica has confirmed that the UK Government has signed Heads of Terms for a 20-year regulated Contract for Difference agreement to extend the operating life of Sizewell B in Suffolk from 2035 to 2055. Sizewell B is a … Read the full press release
Posted in Business, Energy, Gas & Oil, Government, Infrastructure & Utilities, Investment, Technology, United Kingdom
Tagged advanced modular reactor, Advanced Nuclear Pipeline, baseload power, Centrica, Centrica Strengthens Long-Term Nuclear Portfolio With Sizewell B Life Extension Agreement, CFD, Chris O’Shea, Contract for Difference, CPI inflation, EDF Energy, energy security, Hartlepool, HMG, infrastructure investment, merchant power prices, nuclear power, pressurised water reactor, regulated asset base, regulated returns, Sizewell B, Sizewell B to Continue Supporting UK Energy Security Under 20-Year Regulated CfD Agreement, Sizewell C, strike price, Suffolk, UK electricity, UK Government, UK Government Signs Heads of Terms for Sizewell B Life Extension and Regulated Returns Framework, X-energy, zero-carbon electricity
(IN BRIEF) Ørsted and PGE Polska Grupa Energetyczna have launched offshore construction activities for the Baltica 2 offshore wind farm in the Baltic Sea, beginning with the installation of the first monopile foundations. The 1.5 GW project, located off the … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, News, Poland, Technology
Tagged Baltic Sea, Baltica 2, Cadeler, clean energy, Contract for Difference, Dariusz Lubera, decarbonization, energy security, energy transition, European Offshore Wind, Fred.Olsen Windcarrier, Govert van Oord, Green Energy, monopile installation, offshore construction, offshore wind farm, offshore wind turbines, PGE Polska Grupa Energetyczna, Poland electricity market, Poland renewable energy, Poland’s 1.5 GW Baltica 2 Offshore Wind Farm Moves Into Full Construction Phase, PSE, Rasmus Errboe, Renewable Infrastructure, Siemens Gamesa, sustainable energy, Ustka, Van Oord, wind energy, Ørsted, Ørsted and PGE Advance Baltic Sea Renewable Energy Expansion with Baltica 2 Installation Campaign
(IN BRIEF) Ørsted has decided to discontinue the Hornsea 4 offshore wind project due to increased costs, higher interest rates, and elevated risks, making the project’s current execution untenable. The company plans to explore alternative options for the project while … Read the full press release
Posted in Business, Denmark, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged breakaway costs, CFD, Contract for Difference, energy transition, Hornsea 4, Offshore wind, partnership, project discontinuation, Rasmus Errboe, risks, supply chain, sustainability, UK, wind energy, Ørsted
(IN BRIEF) At its 2025 annual event in Copenhagen, the European wind industry outlined a call to action to help Europe address growing energy security and competitiveness challenges amidst economic uncertainty and evolving energy dynamics. The industry highlighted that wind … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Annual Event 2025, auction design, Clean Industrial Deal, competitiveness, Contract for Difference, Copenhagen, electrification, energy security, European wind industry, grid build-out, Henrik Andersen, Industrial Growth, onshore wind, permitting rules, renewable energy, state aid, sustainability, wind energy, WindEurope
(IN BRIEF) The PNE Group has launched its first wind farm outside Germany, the Saint-Aubin-du-Plain wind farm in France, which entered trial operation in late 2024 and is set to begin its 20-year Contract for Difference on February 1, 2025. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged CFD, Contract for Difference, energy production, France, growth strategy, Heiko Wuttke, Herbsleben-Dachwig, independent power producer, IPP, Nordex N131, Nordex N149, Nouvelle-Aquitaine, partnership, PNE group, portfolio, renewable energy, Saint-Aubin-du-Plain, sustainability, Sven Dippel, Thuringia, wind farm, WKN France
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