Electricity

The U.S. Customs and Border Protection has seized more than 1,000 shipments of China-made solar power equipment over a new U.S. law targeting forced labor in a Chinese region, industry sources and customs officials told Reuters, in a development that could derail the solar energy boom in the United States. …

The European Commission has warned countries that an EU-wide cap on the price of gas used to produce electricity could cause an increase in gas use and exports of EU-subsidised electricity, according to a document seen by Reuters. European Union countries’ energy ministers meet on Tuesday (25 October) to discuss …

Equinor ASA, the Norwegian energy major, could be an “important partner” for the power, oil and gas giant that Poland is creating from state-controlled companies, according to Daniel Obajtek, the chief executive officer of refiner PKN Orlen SA. Poland selected Orlen, central and eastern Europe’s largest refiner, to become the …

Bulgaria has offered to export electricity to Azerbaijan in exchange for expanding gas supplies, acting Economy Minister Nikola Stoyanov announced during his visit to Baku on Sunday (11 September). “With such a scheme – bartering gas for electricity, Bulgaria could receive quantities in the next four to five months, when …

The newest nuclear reactor in Europe, the Olkiluoto 3 plant unit (OL3), exceeded the landmark 1,000-megawatt power mark on Friday, easing the strain on Finland’s electricity grid, Bloomberg reports. The unit, which became earlier this week the single largest electricity generation unit in Finland by capacity when it was raised …

The neglected domestic power grid is standing between the United States and its climate pledges. In many parts of the country, most notably Texas, California, and the Southwest, renewable energy plants are producing enough clean, emissions-free energy to share with other regions – but there’s no way to get it …

Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on Tuesday amid low Russian gas supply and a heatwave constraining supply and output from other fuel sources. Over the past year, German power prices have soared …

The UK is planning on running short on natural gas this coming winter, resulting in blackouts, according to Bloomberg sources familiar with the government’s plans—even with emergency coal-fired power plants in operation. The UK, under its “reasonable worst-case scenario”, is planning on exceptionally cold weather, necessitating energy conservation measures that …

Norway may soon introduce a rule to reduce its vast electricity exports if levels at reservoirs for hydropower generation drop to critically low levels in a bid to prevent power shortages and further rises in energy bills domestically. Norway’s Energy Minister Terje Aasland told Norwegian media, as quoted by Bloomberg, …

As Sri Lanka faces its worst economic crisis in seven decades, an energy catastrophe is looming for the country. Without the rapid formation of a new government that can introduce an interim budget and financial reforms, as well as financial support from neighboring countries, the country could soon run out …