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Sweden’s Riksdag approves state aid model to fund new nuclear reactors

The legislation aims to address the country's challenges with fluctuating electricity prices and system imbalances by expanding its fossil-free base load capacity.

Latest news

SSE cuts spending on energy businesses

The investment cuts will include investing £1.5bn less in the development of renewable energy initiatives.

Spain and Portugal ask EU for more power interconnectors with France

Their appeal follows a significant power outage that affected the Iberian Peninsula in April 2025.

Enea gains funds from BGK to upgrade distribution network in Poland

The funding will be invested in the construction and modernisation of distribution networks using smart grid technology.

EthosEnergy to provide O&M for Manzanillo Power Land project

The project, which is currently under construction in Pepillo Salcedo, Montecristi province, will begin operations in the second half of 2025.

Octopus Australia’s Blind Creek solar farm and battery approved for grid

Valued at more than $850m, Blind Creek is the largest project within the National Electricity Market to reach this advanced stage.

Oil demand growth set to slow for remainder of 2025: IEA

This comes as economic headwinds and a surge in EV sales temper oil use, despite the accelerating declines in OECD countries.