Tag Archives: electricity prices

Industry Alliance Urges EU Electrification Action Plan to Deliver Affordable Power and Stronger Industrial Competitiveness

(IN BRIEF) Cefic and the Alliance of Energy Intensive Industries have presented a joint position paper outlining recommendations for the European Union’s upcoming Electrification Action Plan, warning that high and volatile electricity prices are undermining industrial competitiveness and slowing decarbonisation. … Read the full press release

Fortum Earns Nomination for Best Customer Service in Norway’s Electricity Sector After Significant Customer Engagement

(IN BRIEF) Fortum has been nominated once again for Norway’s Best Customer Service in the electricity sector, reflecting its commitment to customer satisfaction. The nomination follows over 20,000 customer interviews, and the award ceremony will take place during the Customer … Read the full press release

Hydro brings down the capacity of the primary aluminium production at the Slovalco plant in Slovakia due to high electricity prices

The Board of Directors at Hydro’s majority-owned Slovalco primary aluminium plant in Slovakia has decided a further curtailment of primary aluminium production at the plant. (PRESS RELEASE) OSLO, 30-Dec-2021 — /EuropaWire/ — Hydro (OTCMKTS: NHYDY), a Norwegian aluminium and renewable … Read the full press release

EU-funded project finds more wind power and cheaper electricity possible on existing EU grid networks

– 10% more power can be brought online by measuring cable temperature in real time – 2% cut in electricity prices using wind turbines and other power sources as virtual power plants – 28% more wind power can be produced … Read the full press release