Germany, Europe’s biggest power market, had about 300 hours with prices below zero last year. That may double in 2024, according to energy analytics firm EnAppSys Ltd. In the UK, the number of negative hours will grow fivefold by 2027 to surpass 1,000, industry consultant Modo Energy said. “It’s a dynamic that we’ll continue to see,” Anna Borg, chief executive officer at Sweden’s Vattenfall AB utility, said in an interview. “We have to live with that.”
Statkraft concludes acquisition of Enerfin power-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from power-technology.com Daily Mail and Mail on Sunday newspapers.
The influencers: 75 most influential people in hydropower waterpowermagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from waterpowermagazine.com Daily Mail and Mail on Sunday newspapers.
Synopsis:Statkraft, Europe's renewable energy giant, unveils a historic investment plan, allocating up to €6 billion for upgrades to Norwegian hydro and wind po