Kampala. The cost of electricity is expected to remain high due to low consumption and high capital investments (in terms of loans), the Electricity Regulatory Authority chief executive officer has said. Speaking at a media briefing to address the state of the energy sector in Kampala yesterday, Ms Ziria Tibalwa Waako, the ERA chief executive […]

The outlook for a pickup in Danish inflation has deteriorated significantly in recent months as inflation has fallen sharply from 1.6 percent in September to 0.5 percent in March. Now, the probability that inflation will remain below one percent going into next year has increased. The reason is the upcoming energy settlement, which could end […]

French oil major Total said on Wednesday it would buy Direct Energie in a €1.4bn deal, continuing its expansion into the residential power market and throwing down a gauntlet to incumbents like EDF. Total said Direct Energie’s board had approved Total’s plan to acquire three-quarters of the French energy retailer’s capital. Patrick Pouyanné, Total chief […]

According to data from Associacao de Energias Renovaveis (APREN) in Portugal, a renewable record was set in March 2018, with renewable electricity production surpassing the demand of mainland Portugal. This resulted in electricity prices on the Iberian wholesale market being reduced by 10%, an export electricity balance of 878 GWh, and emission of 1.8 million […]