Bangladesh increases its power purchase from India and reduces its fuel oil consumption as the demand for electricity rises
Industry officials and analysts report that Bangladesh is increasing power imports from India as well as the output of fuel oil-fired plants to try and meet its rising electricity demand.
French spot prices rise as renewables supply declines
The price of French prompt electricity rose dramatically on Thursday, following predictions that renewable energy generation would be reduced. Naser Hashemi, LSEG analyst, said…
French spot on wind power growing
In Germany, prices will rise as the wind and solar supplies are expected to fall. French baseload for the day ahead fell by 24.9%, to 62.75 Euros per megawatt-hour (MWh), at 0841 GMT.
IEA forecasts the fastest increase in power demand since more than a decade
The International Energy Agency announced on Wednesday that global electricity demand will increase at the fastest rate in more than a decade. This is due to increased industrial use…
Profits at wind energy company EDPR fall 56% due to lower capital gains
EDP Renovaveis said that its first-half profits fell by 56% because of lower capital gains than the previous year, despite higher sales due to a solid increase in power production.
Malaysia increases coal power production and imports to meet growing demand
Malaysia has increased its coal-fired electricity production and imported the fuel in record numbers, according to a data analysis. The country is taking advantage of the low prices…
Malaysia increases coal power production and imports to meet growing demand
A data analysis showed that Malaysia was boosting its coal-fired electricity output and importing fuel at record-high levels. It is taking advantage of the low prices, even…
EDF Weighs Stake Sales in North American, Brazil
France's EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, a company spokesperson said on Wednesday, which could include…
Singapore's renewables use hits record highs as solar output and imports rise
An analysis of the most recent market data revealed that Singapore increased the share of renewables to a new record in May. The country increased renewable imports while accelerating local solar power production.
Singapore's renewables use hits record highs as solar output and imports rise
An analysis of the most recent market data revealed that Singapore increased the share of renewables to a new record in May. The country ramped-up renewable imports while accelerating local solar power production.
German spot prices fall on increased wind and French nuclear supply
The wholesale price of German spot power dropped sharply on Friday, as Germany was expected to experience a 60% increase in wind generation in the coming day. In addition, the…
German down as renewables decrease
The spot price of German wholesale power increased on Wednesday, despite forecasts that wind and solar energy output would be lower. In France, the spot price fell, despite…
Prices of prompts spike as demand increases in hot weather
The European wholesale electricity prices rose sharply Tuesday as hotter weather is expected to increase demand for air conditioners, while German wind energy output dropped sharply.
NextEra CEO: Renewables are needed to bridge the gap between expanding gas power and increasing renewables
NextEra CEO John Ketchum said on Tuesday that renewable energy sources such as wind and solar power will be needed to meet the rapidly increasing energy demand in America, despite…
In May, India's coal-fired electricity output fell at the fastest rate in five years.
A government analysis showed that India's coal-fired power generation fell in May at the fastest rate in five years. The overall demand for electricity declined in August, and…
Maguire: Eastern Europe's secretive surge in solar power generation
In Europe, the discussion of solar energy generation is dominated by Germany and Spain. Solar capacity in the nine largest producers of solar energy in Eastern Europe grew at…
Maguire: Eastern Europe's secretive surge in solar power generation
In Europe, the discussion of solar energy generation is dominated by Germany and Spain. Solar capacity in the nine largest producers of solar energy in Eastern Europe has increased…
Turkey will provide Syria with 2 billion cubic meters of gas per year
Alparslan Bayraktar, the Turkish Energy Minister, said that Turkey would provide 2 billion cubic meters of natural gas per year to Syria. Bayraktar, in a joint press conference…
Polish utility Enea expects to increase its core profit in Q1
Enea, a Polish utility company, posted a 3.4% increase in its core profit for the first quarter of this year on Tuesday night. This was largely due to higher revenues from its…
Portugal's EDP posts 21% profit increase as Iberia rain boosts hydro
Portugal's largest utility EDP reported a stronger-than-expected 21% increase in first-quarter net profit on Friday, after heavy rainfall boosted hydroelectric output in Iberia, where power prices almost doubled.