Maguire

By Gavin Maguire LITTLETON, Colorado (Reuters) -The collapse of France’s government on Wednesday could have far-reaching consequences for Europe’s energy markets and send regional electricity costs soaring. France is by far the largest electricity exporter in Europe, accounting for roughly 60% of net electricity exports so far in 2024, according…

By Gavin Maguire LITTLETON, Colorado (Reuters) – The collapse of France’s government on Wednesday could have far-reaching consequences for Europe’s energy markets and send regional electricity costs soaring. France is by far the largest electricity exporter in Europe, accounting for roughly 60% of net electricity exports so far in 2024,…

By Gavin Maguire LITTLETON, Colorado (Reuters) – Utilities in Portugal have cut the proportion of electricity production from fossil fuels to just 10% so far in 2024, leap-frogging neighbour Spain to emerge as western Europe’s second-cleanest large power sector behind France. Total clean electricity generation through the first seven months…

By Gavin MaguireLITTLETON, Colorado (Reuters) – The four-month window from May through August marks the high point for power generation and demand in the state of Texas, the largest U.S. user of fossil fuels for power generation and the country’s top power sector emitter.A key driver of Texas power demand…

By Gavin Maguire LITTLETON, Colorado (Reuters) – Wholesale power prices coming under pressure from surging solar output is not a new concept in power markets, but looks set to become a potentially divisive issue across Europe as rampant expansions in solar output upend market pricing patterns. Power generated by solar…

By Gavin Maguire LITTLETON, Colorado (Reuters) – China’s wind farms produced over 100 terawatt hours (TWh) of electricity in March, the highest monthly total ever by a single country and as much as all of Europe and North America combined, data from energy think tank Ember shows. The production total…

By Gavin Maguire LITTLETON, Colorado (Reuters) – Drops in power generation from wind farms, hydro dams and nuclear reactors has forced the operator of the electric grid in Texas – one of the largest power systems in the United States – to boost fossil fuel use and emissions so far…