European Energy Markets

New day-ahead electricity market service drives higher prices

UK-based owners of peaking assets have cashed in on higher prices and revenue-generating opportunities following the launch of STOR (Short-Term Operating Reserve) as a day-ahead service.
iberdrola

Iberdrola and Renault sign long-term PPA for Spanish and Portuguese facilities

Renault signed a renewable power purchase agreement (PPA) with Iberdrola to power its Portuguese and Spanish facilities with clean energy.
VW

RWE and VW sign one of Germany’s largest renewable PPAs

RWE Supply & Trading, Luxcara and VW have signed what is claimed to be one of the country's largest renewable power purchase agreements.
Wind energy costs predicted to drop significantly

Berkeley Lab study finds wind energy costs could fall by 49%

Berkeley Lab study shows expected cost declines of up to 35% by 2035 and 49% by 2050
European renewable PPA prices show ‘remarkable stability’

European renewable PPA prices show ‘remarkable stability’

Index analyses over 4000 wind and solar pricing offers across 21 countries in Europe and North America.
onshore wind power

Transmission tariffs for Scottish onshore wind generators continue to rise

Annual TNUoS costs for a typical 40MW onshore wind site in Northern Scotland are forecast to rise to £1.28 million by 2025-26 - research.

Analysis: How offshore wind impacts the electricity market design

Paul Giesbertz, Head Advisor Market Policies & Regulatory Affairs at Statkraft, explains why hybrid assets are relevant to the design of the European electricity market.
European renewable PPA prices show ‘remarkable stability’

Gas plants and interconnectors won big in UK’s T-4 auction

The UK's T-4 Capacity Auction for delivery in 2024/25 concluded last week, with interconnectors and open cycle gas turbine plants securing big wins.

Shell acquires Next Kraftwerke to strengthen position in renewables trading

Subject to approval by the regulatory authorities, Shell will acquire 100% of Next Kraftwerke’s shares.

Brexit cuts interconnector use and sends power prices rocketing

Britain’s exit from the EU has reduced trading on the electricity interconnectors between Great Britain and Ireland and increased the frequency of extreme prices.

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