Spain’s capacity market fails EU competition test
Spain's capacity market largely fails guidance published by the European Commission to help countries judge whether extra national support for coal, gas and hydropower plants is good value or needed.
Why the future of storage belongs to lithium-ion batteries
Electricity storage is both complicated and expensive. Electricity has to be converted into another form of energy then converted back into electrical energy before it can be reused. Scientists have b
Saudi raises the white flag in its pursuit of regaining control of the world oil market
With the OPEC decision to cut oil production, for the first time in 8 years, by 1.2m barrels a day to 32.5m barrels per day, Saudi Arabia has raised the white flag and admitted defeat in its attempt t
Can coal power hang on in Europe?
Investment in new coal-fired power plants appears off the agenda in Western Europe. Witness the astonishing write-down of brand-new assets in the Netherlands, where European utility giants RWE, Uni
As coal power economics wane, Uniper looks to regulated markets
(This blog was first published at the Institute for Energy Economics and Financial Analysis) Western European power prices have surged lately, partly on the back of a review and shutdown of French
Why energy investors need to rethink how they look at energy
Since the financial crisis in 2008, we have seen massive growth in global energy supply, not to mention falling demand across the OECD and weaker than expected demand for energy from countries like Ch