UK wholesale electricity prices dropped sharply in the first quarter due to record-high renewable energy production, according to a report

The British power producer plans to use the proceeds from the sale to develop its biomass business

HEP will replace outdated turbines and boilers with combined cycle gas turbine units

E.ON today opened a combined cycle gas turbine (CCGT) power plant in Hungary, the country’s most up-to-date, they claim. The company has invested approximately €400 million into the plant and has a capacity of 433MW. CCGT plants are suited to speedily and flexibly balancing out load fluctuations in the grid which arise from the increasing, […]