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23.06.26 - 20:00
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Electricity prices jump in Europe as demand soars in the heatwave (The Guardian)
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Great Britain has paid at least six times the normal price for imported power as millions turn on air conditioning and windfarm output sagsThe heatwave has prompted a sharp rise in electricity prices across European markets as millions turn to air conditioners and electric fans to battle record high temperatures, which have also caused a string of power plant outages across the continent.Great Britain imported electricity from Europe at more than six times the normal price on Tuesday as the high pressure heat dome has slowed wind speeds, hitting renewable energy generation, and caused outages at multiple gas plants across the country. Continue reading......
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23.06.26 - 13:27
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Half Of Crimea Goes Dark After Ukrainian Strike Hits Thermal Power Plant (ZeroHedge)
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Half Of Crimea Goes Dark After Ukrainian Strike Hits Thermal Power Plant
Yet more drone attacks sent by Ukraine's military has crippled much of the infrastructure of the Crimean peninsula. Reuters is confirming significant power outages, while some regional reports say as much as half of all Crimea is without power Tuesday.
One of the regional publications specified that "Yevpatoria, Saki, Krasnoperekopsk, Dzhankoy, and surrounding areas were left without electricity, reports the Ukrainian service of Radio Svoboda."
"Preliminary, electricity supply is planned to be restored within 24 hours" - after several facilities in Crimea suffered direct hits by inbound drones. Fires have been witnessed at at railway and military facilities. Importantly, a large fire is being reported at a thermal power plant in Kerch, which left the greatest impact in terms of the widespread regional blackout:
A strike on a power plant caused major power outages across Crimea, leaving about half...
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23.06.26 - 04:03
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Chinese Grid Operators Resist Plans To Boost Renewables To Power AI (ZeroHedge)
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Chinese Grid Operators Resist Plans To Boost Renewables To Power AI
Authored by Charles Kennedy via OilPrice.com,
Grid operators are concerned that the Chinese drive to hike the share of renewable electricity powering AI would raise the risks for power firms as peak demand at data centers is difficult to forecast.
Industry analysts and officials have told Reuters that the Chinese strategic priority of having renewables power the majority of electricity demand at data centers by 2030 may not be feasible.
“From what we understand, they (data centers) cannot really adjust power consumption load much,” Reuters quoted Pei Shanpeng, a director of Chinese power firm State Power Investment Corporation, as telling attendees at a recent industry conference in Beijing.
“GPUs are very expensive, so once they are purchased, operators want to use them as quickly and as intensively as possible,” the official added.
China plans to use massively its renewable energy boom to power the data centers.
Th...
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22.06.26 - 21:48
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ROUNDUP 2: RWE will Mehrheit an Amprion - Milliardenschwere Kapitalerhöhung (DPA-AFX)
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Der Energiekonzern RWE will die Mehrheit am Übertragungsnetzbetreiber Amprion übernehmen. Der Preis für die Aufstockung der Amprion-Anteile auf 55 Prozent liege bei rund 3,6 Milliarden Euro, teilte RWE am Montag nach Börsenschluss in Essen mit. Verkäufer ist ein Konsortium aus Versorgungswerken und institutionellen Investoren aus der Versicherungsbranche. RWE besorgte sich für den Deal noch am Abend brutto rund vier Milliarden Euro am Aktienmarkt und will Milliarden in den Netzausbau investieren..
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