Electricity

The European Union is set to unveil a raft of measures ranging from boosting renewables and LNG imports to lowering energy demand in its quest to cut dependence on Russian supplies. The 195 billion-euro ($205 billion) plan due Wednesday will center on cutting red tape for wind and solar farms, …

RAO Nordic, a subsidiary of Russian state energy holding Inter RAO, has suspended its electricity supply to Finnish electricity grid operator Fingrid, citing payment concerns. The company has been importing electricity from Russia to Finland and selling it on the Nord Pool exchange for several years. It stopped supplying power …

France’s nuclear power plants are undergoing repairs and extended outages, leading to a 25% decrease in nuclear power plant output this winter, an analysis from Baringa Partners LLP said, according to Bloomberg. France, Europe’s largest power exporter, could be left scrambling to import power this winter. France typically sends power …

Soaring prices of liquefied natural gas (LNG) and coal on the international markets have left Pakistan, the world’s fifth-most populous nation, with having to cut electricity supply to households and industry as the country in a deep political and economic crisis cannot afford to buy more of the expensive fossil …

Europe’s largest economy, Germany, is expected to become a net importer of electricity in 2023 for the first time since 2002 due to retiring coal plants and the nuclear phase-out, the International Energy Agency (IEA) said on Friday. Germany plans to switch off all its remaining nuclear power generators by …

The Three Gorges Hydroelectric Power Station on China’s Yangtze River has generated 103.6 billion kWh of electricity in 2021, according to the China Three Gorges Corporation. The clean energy it produced is estimated to be equivalent to the electricity generated by 31.8 million tonnes of standard coal, respectively reducing carbon …

Turkey raised the price of both electricity and natural gas on Saturday, New Year’s Day, Bloomberg reported. The price increase comes amidst a surge in global energy prices. For electricity, prices have increased between 52% and 130% for households, according to an estimate from Haberturk newspaper. In a statement issued …

Due to the reduction of Iran’s gas exports to Iraq from 52 million cubic meters per day to 8 mcm/d in recent months, the neighboring country’s electricity generation has decreased by 3,400 megawatts, a member of the board of the Iran-Iraq Chamber of Commerce said. Hamid Hosseini said in an …

Iranian Energy Minister Ali-Akbar Mehrabian has said the country is currently able to exchange electricity with Afghanistan, Iraq, Azerbaijan, Turkmenistan, Armenia, and Turkey, IRNA reported. As reported, developing energy diplomacy and exchange of electricity with the neighboring countries has been among the top priorities of the energy minister and in …

Sweden started an oil-fired reserve power plant after Poland said it needed help from its neighbours to meet soaring electricity demand as freezing weather has spread across Europe. It’s the latest chapter in the scramble by European countries to secure adequate supplies in the midst of plummeting temperatures and soaring …