News
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Nuclear Turbines has raised £15 million for compact reactor development. Its proposed system replaces a conventional steam cycle with high-temperature turbine technology for industrial and critical-infrastructure power.
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Scientists want direct current monitoring across Britain’s transmission substation network. Analysis of the May 2024 storm identified currents above 50A at several sites, including an estimated 68A peak in Cornwall.
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NESO expects electricity constraint costs to rise sharply during 2027. The forecast reaches £3.2 billion as network limitations and reinforcement outages restrict the transfer of renewable generation.
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Ofgem has approved structured model exchange across electricity network boundaries. GC0139 introduces routine two-way sharing of solved power-system models between NESO and network operators from August 2026.
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Linde has signed six renewable power agreements across four markets. The new wind and solar contracts will procure approximately 0.63TWh annually for industrial operations in Europe, Africa, and Asia.
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Galp has expanded its Spanish wind portfolio through another acquisition. The €420 million transaction adds 15 operating projects, 361MW of capacity, and approximately 0.8TWh of annual generation.
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Hybrid power agreements are gaining ground across Europe’s renewables markets. New pricing data shows storage increasingly combined with generation to reduce exposure to low-value and negative-price periods.
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Labraza’s financing moves Basque wind development towards operation during 2027. A €29 million EIB loan supports the 40MW project, which will be the region’s first newly commissioned wind farm since 2006.
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OMV Petrom has secured financing for new Romanian wind capacity. The permitted 50MW Gura Văii project should generate around 110GWh annually within a wider 1GW development portfolio.
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Freidorf’s upgraded substation strengthens electricity resilience across western Timișoara region. The RON26 million project renews switchgear, auxiliary systems, neutral-treatment equipment, secondary circuits, and protection with digitally controlled infrastructure.