Tag Archives: electricity

Iberdrola Acquires Majority Stake in Electricity North West, Enhancing Commitment to UK Market

(IN BRIEF) Iberdrola has acquired an 88% stake in Electricity North West (ENW) in the UK for £2.1 billion (€2.5 billion), reinforcing its commitment to investing in strong credit-rated countries. This acquisition makes the UK Iberdrola’s leading market by regulated … Read the full press release

TotalEnergies Unveils Centenary Initiatives: Celebrating 100 Years of Innovation and Commitment

(IN BRIEF) TotalEnergies celebrates its centenary by introducing three initiatives: €100 rewards for new electricity customers in France, €100 incentives for select fuel purchases, and the allocation of 100 company shares to each of its global employees, contingent on a … Read the full press release

TotalEnergies Marks 100 Years of Energy Innovation and Leadership

(IN BRIEF) TotalEnergies is celebrating its 100th anniversary, marking a century of innovation and leadership in the global energy sector. Founded in 1924 as Compagnie Française des Pétroles, the company started in France without local oil resources but quickly expanded … Read the full press release

ENTSO-E Optimistic as EU-Switzerland Electricity Agreement Talks Commence

(IN BRIEF) The European Network of Transmission System Operators for Electricity (ENTSO-E) expresses optimism as discussions between the European Union and Switzerland commence regarding an electricity agreement, emphasizing its critical importance for the secure and efficient operation of the European … Read the full press release

TotalEnergies Expands Renewable Portfolio with Over 600 B2B Clients Globally

(IN BRIEF) TotalEnergies has secured over 1.5 GW of renewable Power Purchase Agreements (PPAs) with 600+ industrial and commercial clients globally. With 1.1 GW already operational, generating 1.5 TWh annually, an additional 400 MW will be commissioned by year-end. These … Read the full press release

Sustainable Support: Repsol Powers Spanish Antarctic Campaign with 100% Renewable Energy

(IN BRIEF) Repsol, a leading energy company, is supplying 100% renewable fuels to power the Gabriel de Castilla Base during the Spanish Army’s 37th Antarctic Campaign. This initiative supports sustainability efforts in one of the most environmentally sensitive regions on … Read the full press release

PNE Group Surpasses 100 Project Milestone, Facilitating Growth in Renewable Energy Sector

(IN BRIEF) PNE Group proudly announces a significant achievement in its mission to drive renewable energy adoption: surpassing the milestone of supporting over 100 wind and photovoltaic project companies through its pioneering consulting programme, “Power Purchase Agreements (PPA) as a … Read the full press release

Pike Solar Project by JUWI Marks Major Leap in Colorado’s Renewable Energy Landscape

(IN BRIEF) JUWI, a subsidiary of MVV, has completed the construction of the Pike Solar project in Colorado, the largest PV project in its history, generating 223.6 megawatts. The solar park will supply energy to Colorado Springs Utilities under a … Read the full press release

Attentive Energy Two: TotalEnergies and Corio’s Offshore Wind Project to Benefit New Jersey Communities

(IN BRIEF) TotalEnergies and Corio Generation have been awarded a 20-year contract by the State of New Jersey to supply 1.34 GW of renewable electricity through their Attentive Energy Two offshore wind project, benefitting over 650,000 homes. The project, a … Read the full press release

DHL Group Inks 10-Year Renewable Energy Deal with RWE Supply & Trading

(IN BRIEF) DHL Group has signed a significant 10-year green energy agreement with RWE Supply & Trading, starting in 2026, to purchase approximately 104 gigawatt-hours of renewable electricity annually. This move aligns with DHL Group’s commitment to decarbonization and sustainability, … Read the full press release

Equinor Advances UK’s Green Energy Goals with Blandford Road Battery Storage Operation

(IN BRIEF) Equinor has commenced operations at its Blandford Road battery storage facility in the UK, marking a significant milestone in its efforts to provide flexible power solutions and support the country’s transition to low-carbon energy. The 25 MW/50 MWh … Read the full press release

Fortum’s Loviisa Plant Extends License Until 2050, Paving the Way for 170 TWh of CO2-Free Power

(IN BRIEF) In 2023, Fortum’s Loviisa nuclear power plant in Finland achieved exceptional results, generating 8.09 terawatt-hours of carbon-free electricity. Loviisa 1 and Loviisa 2, the plant’s units, demonstrated high operational efficiency with load factors exceeding 89%. Fortum also collaborated … Read the full press release

TenneT Receives 47 Responses to Draft Investment Plans 2024-2033

(IN BRIEF) Dutch grid manager TenneT has collected 47 responses from stakeholders regarding its draft investment plans for the period 2024-2033, which were made public on November 1. These investment plans outline the expansion and replacement projects for both onshore … Read the full press release

AFRY Secures Framework Agreement to Enhance Sweden’s Electricity Distribution Network for Renewable Energy Integration

(IN BRIEF) AFRY, a prominent player in industry, energy, and infrastructure, has been awarded a significant framework agreement with Vattenfall Eldistribution, one of Sweden’s largest Distribution System Operators (DSOs). Under this agreement, AFRY will provide a range of technical consulting … Read the full press release

Innovative Virtual Wheeling: Vodacom and Eskom’s Game-Changing Energy Accord

(IN BRIEF) Vodacom and Eskom have signed a pioneering Virtual Wheeling agreement in South Africa to address the country’s energy crisis. Load shedding, planned power cuts by Eskom due to high demand, has disrupted daily life and telecom services. Vodacom … Read the full press release

Eni Sustainable Mobility Redefines Transport with Enilive Brand Launch

(IN BRIEF) Eni Sustainable Mobility introduces the Enilive brand, marking a significant leap in eco-conscious transportation. Enilive focuses on bio-refining, biomethane production, and smart mobility solutions like the Enjoy car sharing service. With over 5,000 Enilive Stations in Europe, the … Read the full press release

Renewable Energy Surpasses Fossil Fuels for Second Year Running in UK’s Record-Breaking 2022

(IN BRIEF) The UK Department for Energy Security and Net Zero has released new statistics showing that renewables generated a record-breaking amount of electricity in 2022, surpassing fossil fuels for the second consecutive year. Renewable sources accounted for 41.5% of … Read the full press release

Italy’s Electricity Demand Declines in June, Renewables Cover 44.3% of Total Demand

(IN BRIEF) In Italy, the demand for electricity in June decreased by 9.2% compared to the same period in 2022, reaching 25.4 billion kWh. Renewable sources covered 44.3% of the demand, with hydroelectric production experiencing a recovery of 44% compared … Read the full press release

The European Parliament’s Energy Committee Backs Reforms for Stable and Affordable Electricity Prices in the EU

(IN BRIEF) The Energy Committee has backed reforms to create a more affordable and consumer-friendly electricity market. The proposed changes aim to enhance consumer protection against volatile prices, encourage energy investments, and provide safeguards for vulnerable households. The amendments include … Read the full press release

UKRI Funds Supergen Energy Networks Hub to Drive Sustainable Energy Transition

(IN BRIEF) The Supergen Energy Networks (SEN) Hub, a research initiative in partnership with several UK universities, has received significant funding from UK Research and Innovation (UKRI) to advance the transition to a sustainable energy sector. The SEN Hub focuses … Read the full press release

EDF and Trimet Ensure Secure Energy Supply for French Aluminium Production with Long-Term Contract

(IN BRIEF) EDF and Trimet have signed a long-term contract for the supply of electricity to support aluminium production in France. The agreement extends their existing partnership and secures the energy supply for Trimet’s aluminium smelter in Saint-Jean-de-Maurienne. The contract … Read the full press release

Southwest Scotland Harnesses Clean Energy from Vattenfall’s South Kyle Wind Farm

(IN BRIEF) Vattenfall has inaugurated the South Kyle Onshore Wind Farm in southwest Scotland, its largest onshore wind farm in the UK. Once fully operational, the wind farm will have a capacity of 240MW, equivalent to powering 187,000 homes annually. … Read the full press release

Cutting-Edge Gas-Fired Power Plant by ORLEN Group to Bolster Energy Security in Poland

(IN BRIEF) ORLEN Group is constructing a cutting-edge 560 MW gas-fired power plant in Grudziądz, Poland. This advanced facility aims to provide electricity to around one million households while effectively integrating renewable energy sources. With a highly flexible Combined Cycle … Read the full press release

ArcelorMittal Brazil partners with Casa dos Ventos for 554 MW wind power project in Bahia

(IN BRIEF) ArcelorMittal Brazil has partnered with renewable energy producer Casa dos Ventos to develop a 554 MW wind power project in Bahia, Brazil. ArcelorMittal will hold a 55% stake in the joint venture, with Casa dos Ventos holding the … Read the full press release

PNE AG to Expand Wind Farm Capacity to 207 Megawatts

(IN BRIEF) Renewable energy company PNE AG is expanding its wind farm portfolio to generate more electricity. Currently, wind farms with a capacity of 207 megawatts are in various stages of development across Germany and France, and are expected to … Read the full press release

Eni’s Plenitude and CDP Equity commit to decarbonisation of Italy’s electricity sector through GreenIT investment

(IN BRIEF) GreenIT, the Italian joint venture between Plenitude (Eni) and CDP Equity (CDP Group), which produces electricity from renewable sources, has approved a new business plan for 2023-2027. The plan includes a total investment of €1.7 billion ($2 billion) … Read the full press release

Gasum Launches New Strategy to Focus on Renewable Gas and Electricity

(IN BRIEF) Gasum, a Nordic energy company, aims to shift its business and operations towards renewable gas and electricity, setting new sustainability goals as part of its strategy. The company’s ambition is to bring seven terawatt hours (TWh) of renewable … Read the full press release

JUWI’s Wolf Wind Project in South Africa to Generate Electricity for Grid by Q1 2024

(IN BRIEF) JUWI Renewable Energies Pty. Ltd., a leading global solar, wind and hybrid project developer, has announced that the 84 MW Wolf Wind Project in South Africa’s Eastern Cape has reached financial close and construction has started. The project … Read the full press release

EPH-eigenes Kraftwerk Leipheim geht ans Netz, um auf Wasserstoff umzusteigen

(IN KÜRZE) Das Kraftwerk Leipheim bei Ulm in Deutschland hat mit der erstmaligen Netzanbindung nach erfolgreicher Zündung einer Gasturbine einen bedeutenden Meilenstein erreicht. Das Projekt, das von LEAG verwaltet wird und sich im Besitz von Energetický a průmyslový holding („EPH“) … Read the full press release

EPH-Owned Leipheim Power Plant Connects to Grid, Designed to Switch to Hydrogen

(IN BRIEF) The Leipheim power plant, located near Ulm in Germany, has achieved a significant milestone by connecting to the grid for the first time after the successful ignition of a gas turbine. The project, managed by LEAG and owned … Read the full press release

Portugal’s REN to modernize and expand electricity transmission network with €450m EIB loan

(IN BRIEF) The European Investment Bank (EIB) has agreed to provide a €450 million loan to Redes Energéticas Nacionais SGPS, S.A. (REN) to finance the upgrading and reinforcement of the Portuguese electricity transmission network and renewable energy connections. The project … Read the full press release

Renewables account for 27.5% of Italy’s electricity demand in February

(IN BRIEF) In February 2023, total electricity demand in Italy decreased by 2.2% compared to the same month in 2022. According to Terna, the company that manages the Italian electricity grid, the country’s industrial sector also decreased by 6.8% compared … Read the full press release

Icelandic energy company RARIK to replace overhead lines with underground cables using €20m Nordic Investment Bank loan

(IN BRIEF) The Nordic Investment Bank has signed a €20 million loan agreement with Icelandic energy company RARIK to replace overhead electricity lines with underground cables. This will improve security of electricity supply in both rural and urban areas of … Read the full press release

Vattenfall to build 980 MW Nordlicht I offshore wind farm without government subsidies

(IN BRIEF) Swedish energy company Vattenfall has announced the development of Nordlicht I, a state-of-the-art offshore wind farm with a capacity of 980 MW, located in the North Sea. The wind farm, formerly known as N-7.2, is expected to come … Read the full press release

Second PPA signed with EnBW to drive Evonik’s renewable energy ambitions

Evonik to Source Over a Third of its European Power Requirements from Offshore Wind Energy (IN BRIEF) Evonik, a specialty chemicals company, has signed a second power purchase agreement (PPA) with EnBW for an additional 50 MW of offshore wind … Read the full press release

Terna’s €70 million underground power line project receives green light

(PRESS RELEASE) ROME, 20-Jan-2023 — /EuropaWire/ — Terna S.p.A. (BIT: TRN), the first grid operator for electricity transmission in Europe, has received approval from the Italian Ministry of Environment and Energy Security for its “Roma Est – ENEA Frascati” project. The … Read the full press release

Yara Clean Ammonia and JERA partner to decarbonize coal-fired power plants and develop blue ammonia production

(PRESS RELEASE) OSLO, 17-Jan-2023 — /EuropaWire/ — Yara International ASA, a global firm specializing in agricultural products and environmental protection agents and a leading global ammonia player, has announced that Yara Clean Ammonia (YCA) and Japanese company JERA Co. Inc., responsible … Read the full press release

Baltic Pipe Project Passes DNV Certification, Bringing New Gas Supply Options to Denmark and Poland

(PRESS RELEASE) BÆRUM, 5-Jan-2023 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced the issuance of a Certificates of Conformity (CoC) for the Baltic Pipe project to Energinet, the Danish national transmission system operator for electricity … Read the full press release

bp to support the global expansion and the R&D of 5B Holdings Pty Ltd, known for its technology for rapid deployment of solar power at scale

5B’s rapidly deployable solar technology enables fast, easy, low-cost solar installation 5B has more than 60MW of solar technology deployed globally, including projects in the US, Latin America, Europe, and Asia. The investment will allow 5B to expand further globally … Read the full press release

Landis+Gyr to supply 130,000 smart meters to Oulun Energia Sähköverkko as part of an extended cooperation

(PRESS RELEASE) JYVÄSKYLÄ, Finland, 5-Dec-2022 — /EuropaWire/ — Landis+Gyr (LAND.SW), Swiss multinational maker of meters and related software for electricity and gas utilities, has announced that it will deliver 130,000 smart meters to Oulun Energia Sähköverkko, a Finish company that … Read the full press release