Tag Archives: energy supply

Swedish Food Agency Selects AFRY to Strengthen Resilient Local Grain Processing Capacity

(IN BRIEF) AFRY has been commissioned by the Swedish Food Agency to develop technical requirement specifications for mobile and modular grain mills and associated packaging solutions. The work is intended to strengthen Sweden’s food preparedness by enabling local production of … Read the full press release

Alcoa Reinforces Norwegian Aluminium Production with Long-Term Power Agreements from Statkraft

(IN BRIEF) Statkraft and Alcoa have signed two new power agreements to secure electricity supply for Alcoa’s aluminium plant at Lista in Southern Norway. The agreements cover approximately 4.8 TWh of electricity for the period 2028 to 2031 and are … Read the full press release

Fitch Assigns Uniper Investment-Grade Issuer Rating as Company Strengthens Capital Markets Profile

(IN BRIEF) Uniper has received a first-time long-term issuer rating of BBB- with a stable outlook from Fitch Ratings, while Fitch also assessed the company’s Stand-Alone Credit Profile at bb+. The rating reflects Uniper’s strengthened financial profile, improved cash flow … Read the full press release

Norsk Hydro Secures Long Term Renewable Power Supply Through New Agreements with Statkraft

(IN BRIEF) Norsk Hydro has signed long-term power purchase agreements with Statkraft to secure 12.3 TWh of renewable electricity over a ten-year period for its aluminium production operations in Norway. The contracts provide stable and competitive energy supply across key … Read the full press release

European Investment Bank Backs Greece and OSY in Preparing Energy and Charging Infrastructure for Athens Electric Bus Fleet

(IN BRIEF) The European Investment Bank Advisory team is working with Greece’s Ministry of Infrastructure and Transport and OSY S.A. to prepare a major investment programme supporting the energy needs of Athens’ expanding electric bus fleet. As the number of … Read the full press release

EDF to Acquire 40,000 Utilita Credit Customers in Strategic Agreement Supporting Growth of Smart Pay As You Go Energy Business

(IN BRIEF) Utilita Energy has reached an agreement for EDF to acquire over 40,000 of its credit customers, a transaction approved by Ofgem and set to take effect on 8 November 2025. The move aligns with Utilita’s strategy to focus … Read the full press release

PNE Group: Successful Expansion of Gnutz Wind Farm Increases Renewable Energy Capacity by 22.4 MW

(IN BRIEF) The PNE Group has successfully expanded the Gnutz Wind Farm in Schleswig-Holstein by adding four new wind turbines, increasing the site’s installed capacity by 22.4 MW. The new turbines, which began operating in May 2025, can now provide … Read the full press release

INEOS and Covestro Forge Strategic Long-Term Natural Gas Agreement to Strengthen European Industrial Competitiveness

(IN BRIEF) INEOS and Covestro have entered into a long-term natural gas supply agreement lasting up to eight years, ensuring stable and predictable energy for Covestro’s European operations. The agreement, set to begin in 2027, supports both companies’ goals to … Read the full press release

Ensuring Energy Continuity: British Gas Welcomes Former Rebel Energy Clients

(IN BRIEF) British Gas is stepping in to secure the energy supply for Rebel Energy customers after the latter ceased trading. Serving around 84,000 domestic and 6,000 non-domestic customers, Rebel Energy’s clientele will now be covered by Ofgem’s Supplier of … Read the full press release

Wood Group Awarded $120 Million Contract Extension by Shell UK for Key Onshore and Offshore EPC Services

(IN BRIEF) Wood Group has been awarded a $120 million contract extension by Shell UK, continuing to provide brownfield engineering, procurement, and construction services for onshore and offshore assets in the UK. The extension includes new responsibilities at the Penguins … Read the full press release

EIB Group Contributes €2.2 Billion in Financing to Greece in 2024, Focusing on Energy, Business Growth, and Disaster Management

(IN BRIEF) In 2024, the European Investment Bank (EIB) Group provided €2.2 billion in financing to Greece, focusing on boosting energy resilience, supporting business growth, and enhancing disaster preparedness. Key projects included solar parks, grid upgrades, and disaster management infrastructure, … Read the full press release

Rheinmetall Wins €260 Million Logistical Support Contract for Bundeswehr Force Relocation

(IN BRIEF) Rheinmetall has secured a major €260 million framework agreement with the Bundeswehr for logistical support in military force relocation both within Germany and abroad. The contract, which lasts three years with two possible one-year extensions, includes services in … Read the full press release

Sines LNG Terminal Sets New Milestones in Portugal’s Natural Gas Supply, Contributing to National Network Growth

(IN BRIEF) The Sines LNG terminal, operated by REN, played a pivotal role in Portugal’s natural gas supply in 2024, delivering 98% of the National Gas System’s requirements. The terminal’s strategic importance continues to grow, with shipments primarily from Nigeria … Read the full press release

AFRY Partners with Statkraft to Provide Technical Consultancy for Norway’s Renewable Energy Sector

(IN BRIEF) AFRY has entered into a framework agreement with Statkraft, Europe’s largest renewable energy producer, to provide technical consultancy in hydropower and electric power sectors in Norway. Building on their previous work in Sweden, the partnership aims to improve … Read the full press release

Voith Secures Major Contract to Equip Angola’s Caculo Cabaça Hydropower Plant

(IN BRIEF) Voith, a technology company, is set to supply electrical and mechanical equipment for Angola’s Caculo Cabaça hydropower plant. The order includes the installation of turbines, generators, control systems, and training programs. Located on the Kwanza River, the plant … Read the full press release

NatWest and BCG Report Highlights £900 Billion Investment Requirement for UK’s Net Zero Energy Supply

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) NatWest and Boston Consulting Group (BCG) have released a report emphasizing the substantial financial investment needed to achieve a net-zero energy supply in the UK by 2050, estimating the capital expenditure requirement at over £900 billion. This investment … Read the full press release

Mariner Field: Equinor Renews Contract with Wood for Energy Production

(IN BRIEF) Wood, a global engineering and consulting company, has secured a two-year contract extension with Equinor UK Limited to continue supporting safe and reliable energy production at the Mariner field in the UK North Sea. The extension covers operations, … Read the full press release

E.ON in 2021: financial results surpass expectations; short term focus on ensuring supply security and affordability of energy

(PRESS RELEASE) ESSEN, 16-Mar-2022 — /EuropaWire/ — E.ON (ETR: EOAN), one of Europe’s largest operators of energy networks and energy infrastructure, has announced that its 2021 financial results surpass expectations with the group adjusted EBITDA raising to about €7.9 billion … Read the full press release

Technical University of Munich: neutrons may be the solution for detecting clogs in oil and gas pipelines underwater

(PRESS RELEASE) MÜNICH, 21-Jan-2022 — /EuropaWire/ — Technical University of Munich (TUM), a German public research university and one of Europe’s leading research universities, has announced that researchers at its Research Neutron Source Heinz Maier-Leibnitz (FRM II) may have found … Read the full press release

EBRD supports Albania’s plans to launch its first wind power plants tender

First wind power plants tender in Albania to be launched EBRD and Swiss SECO support preparation of groundbreaking move Albania to diversify energy supply, attract investment and increase resilience to climate change (PRESS RELEASE) LONDON, 29-Dec-2020 — /EuropaWire/ — European … Read the full press release