Under the measure, subsidised loans will be provided to large energy producers to meet the collateral requests in the energy trading markets

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs incurred between 2021 and 2030

Tynagh Energy Limited owns a 400MW combined cycle gas turbine power plant in east County Galway

It is part of a larger asset swap, which involves breaking up innogy and dividing its assets between parent company RWE and E.ON

The European Commission has approved the buyout of Centrica’s combined cycle gas turbine (CCGT) power stations by a UK arm of a Czech utility company. The Langage and South Humber Bank CCGT plants, with a combined capacity of 2.3GW, are located near Plymoouth and Stallingborough. The sale is part of Centrica’s strategy to invest more in […]

German energy company E.ON has agreed to sell E.ON Bulgaria to Energy-Pro, a Czech energy company, for 113 million euros. The new owner based in North-East Bulgaria supplies a network of about 42,000 kilometres and delivers around 5.3 billion kWhr of electricity. The sale is part of E.ON’s intention to shed assets worth 15 billion […]