Iraqi Prime Minister Haidar al-Abadi sacked on Thursday a number of officials at the electricity ministry “in order to reorganize the operation of the ministry in the service of the country”, his office said in a statement. The dismissal of four directors and a number of others was the latest attempt to quell public anger […]

London — Average imbalance electricity prices have fallen in the UK since reforms were introduced in November 2015, but when the system is short the incentive for participants to balance their positions is stronger, energy regulator Ofgem has said in a working paper. A greater incentive to balance when the system is tight represents a […]

Nigeria lost 4,379 megawatts (MW) capacity of electricity on Saturday. This was partly due to distribution constraints and inadequate gas supply. Data obtained from the Independent System Operator (ISO), a business unit of the Transmission Company of Nigeria (TCN) shows 16 of the Generation Companies (GenCos) had more than one of their turbines turned down […]

Prague — Czech utility CEZ’s second quarter revenues and profit dropped sharply in spite of increased electricity production compared with the same period a year earlier as it was hit by increases in wholesale electricity and emissions prices after forward selling production at lower levels, it reported Tuesday. Electricity production rose to 14.6 TWh compared […]