Offshore wind hits record low below £40/MWh

The upcoming round of offshore wind farms will be delivered at prices of £39.65-£41.61 per megawatt hour, for windfarms delivered by 2025. The results of the governent’s latest Contracts for Difference auction showed a drop from the previous auction two years ago,…

EC approves RWE/E.On asset swap

The European Commission has approved a £40 billion asset swap between E.On and RWE that will reshape the two energy giants. The asset swap had aleady been approved by competition authorities in Germany and the UK.  E.On told Innogy’s board earlier…