Robert Habeck, Germany’s Economy Minister, said that the country is likely to generate more than 50 per cent of its power from renewable energy this year, but that it needs to increase the speed of its transition.
The Drax Electric Insights report from Imperial College London said that in Q2 2023, wind power generation exceeded gas power production, and that UK wind power capacity now exceeds gas power capacity.
Hitachi Energy has been selected by SSEN Transmission and National Grid to supply two HVDC converter stations to interconnect the Scottish and English power grids.
Matrix Renewables, the Spanish developer, has won €47 million in non-recourse project financing from Banco Sabadell to support construction of a 50 MW solar power plant in Seville, Spain.
Capital Energy has hired Lazard to sell a portfolio of 4.3 GW of solar and onshore wind power plants in Spain, estimated to be worth up to $1 billion.
The Scottish Government has formally approved Drax Group’s plans to build a £500 million underground pumped storage hydropower plant at its existing Cruachan facility in Argyll, Scotland.
EDF has said that output restrictions are expected at two nuclear power plants along the Rhone river in eastern France due to high temperature forecasts.
Scottish and Southern Energy Networks (SSEN) has announced that it has signed a joint venture agreement with Britain’s National Grid Electricity Transmission (NGET) to build a 2 GW subsea cable linking northern Scotland to England.
Rob Jetten, Energy Minister of the Netherlands, said in a letter to parliament, that the country is in discussions with “three potential and interested suppliers” to build two new nuclear power plants.
Drax has scrapped a plan to bring two coal-fired units at its plant in North Yorkshire out of retirement.