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International

Nora Buli

Cold snap lifts Nordic power price for Monday to record high

Nov 29 2021

OSLO (Reuters) -Nordic power prices on the Nord Pool exchange hit record highs on Sunday as cold weather, low renewables output and high gas prices continue to push up the cost of electricity in Europe.

Cold snap lifts Nordic power price for Monday to record high

Nov 28 2021

OSLO, Nov 28 Nordic power prices on the Nord Pool exchange hit record highs on Sunday as cold weather, low renewables output and high gas prices continue to push up the cost of electricity in Europe.

Vattenfall stops market making for Nordic power EPAD contracts

Nov 26 2021

OSLO Swedish utility Vattenfall on Friday relinquished its role as market maker for Swedish and Finnish Nordic Electricity Price Area Differential (EPAD) contracts on financial exchange Nasdaq Commodities, citing liquidity and volatility issues.

Norway curbs power flows to southern Sweden by 45%

Nov 23 2021

OSLO (Reuters) -Norwegian transmission grid operator Statnett said on Tuesday it is curbing electricity transfers to southern Sweden, cutting capacity by 1,000 MW, or 45%, in reaction to lower flows in the opposite direction.

EU carbon price hits record above 71 euros

Nov 22 2021

(Reuters) -The European benchmark price for carbon allowances on Monday hit a record of above 71 euros ($79.79) per tonne, although concerns about new lockdowns to try to curb rising COVID infections in Europe could limit further gains.

Analysis-'Living hand to mouth': Europe's gas crunch shows little sign of easing

Nov 22 2021

LONDON/OSLO Consumers in the European Union and Britain face further gas price spikes this winter as flows of Russian gas via major transit routes are proving too little, too late.

Norway's Equinor and EWP to cooperate on South Korean wind projects

Nov 17 2021

OSLO (Reuters) -Norway's Equinor said on Wednesday it had signed an agreement with Korean East-West Power (EWP) to cooperate on offshore wind projects in South Korea.

UPDATE 2-Norway's Equinor and EWP to cooperate on South Korean wind projects

Nov 17 2021

* South Korea seen as key country for growth (Adds quotes from spokesperson, detail, bullet points)

Norway wind turbines should be torn down, reindeer herders say

Nov 12 2021

AAFJORD, Norway Norway should dismantle two large wind farms that were stripped of their licences for jeopardising traditional reindeer husbandry, herders from the indigenous Sami community said on Friday.

Russia increases gas flows to Europe, and prices fall

Nov 10 2021

MOSCOW/OSLO (Reuters) -Russia increased its flow of gas to Europe via Poland and Belarus as well as Ukraine on Wednesday, easing some of Europe's concerns about tight supplies before winter and pushing down wholesale prices.

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