August 20, 2025Increased demand due to the heat wave drives up prices in European electricity markets

Europe
Increased demand due to the heat wave drives up prices in European electricity markets

In the week of August 11, Germany and France set records for solar photovoltaic energy production. Wind energy generation increased in Portugal and France, while in Germany, Italy and Spain it decreased. Electricity demand grew in most European markets, as a result of higher temperatures, which drove up prices in European electricity markets, according to AleaSoft Energy Forecasting.

August 14, 2025RWE and Norges Bank join forces for three offshore wind projects

Norway
RWE and Norges Bank join forces for three offshore wind projects

Norges Bank Investment Management acquires a 49% equity stake in RWE’s 1.6-gigawatt Nordseecluster and 1.1-gigawatt Thor offshore wind projects – construction progressing as planned. Once fully commissioned, wind farms will produce enough electricity to supply a total of more than 2.6 million households in Germany and Denmark
RWE leads construction and operations on behalf of the partners

August 20, 2025Increased demand due to the heat wave drives up prices in European electricity markets

Europe
Increased demand due to the heat wave drives up prices in European electricity markets

In the week of August 11, Germany and France set records for solar photovoltaic energy production. Wind energy generation increased in Portugal and France, while in Germany, Italy and Spain it decreased. Electricity demand grew in most European markets, as a result of higher temperatures, which drove up prices in European electricity markets, according to AleaSoft Energy Forecasting.

August 14, 2025RWE and Norges Bank join forces for three offshore wind projects

Norway
RWE and Norges Bank join forces for three offshore wind projects

Norges Bank Investment Management acquires a 49% equity stake in RWE’s 1.6-gigawatt Nordseecluster and 1.1-gigawatt Thor offshore wind projects – construction progressing as planned. Once fully commissioned, wind farms will produce enough electricity to supply a total of more than 2.6 million households in Germany and Denmark
RWE leads construction and operations on behalf of the partners

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