Russia-Ukraine Agreement on Power Plant Attacks Possible


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Russia-Ukraine Energy Ceasefire explores halting strikes on power plants, safeguarding energy infrastructure and grids, easing humanitarian crises, stabilizing European markets, and advancing diplomatic talks on security, resilience, and critical infrastructure protection.

 

Key Points

A proposed pact to halt strikes on power plants, protect energy infrastructure, and stabilize grids and security.

✅ Shields power plants and grid infrastructure from attacks

✅ Eases humanitarian strain and improves winter resilience

✅ Supports European energy security and market stability

 

In a significant diplomatic development amid ongoing conflict, Russia and Ukraine are reportedly exploring the possibility of reaching an agreement to halt attacks on each other’s power plants. This potential cessation of hostilities could have far-reaching implications for the energy security and stability of both nations, as well as for the broader European energy landscape.

The Context of Energy Warfare

The conflict between Russia and Ukraine has escalated into what many analysts term "energy warfare," where both sides have targeted each other’s energy infrastructure. Such actions not only aim to undermine the adversary’s military capabilities but also have profound effects on civilian populations, leading to widespread power outages and humanitarian crises. Energy infrastructure has become a focal point in the conflict, with power plants and grids frequently damaged or destroyed.

The ongoing hostilities have raised concerns about energy security in Europe, with some warning of an energy nightmare if disruptions escalate, especially as many countries in the region rely on energy supplies from Russia. The attacks on power facilities exacerbate vulnerabilities in the energy supply chain, prompting calls for a ceasefire that encompasses energy infrastructure.

The Humanitarian Implications

The humanitarian impact of the conflict has been staggering, with millions of civilians affected by power outages, heating shortages, and disrupted access to essential services. The winter months, in particular, pose a grave challenge, as Ukraine prepares for winter amid ongoing energy constraints for vulnerable populations. A potential agreement to cease attacks on power plants could provide much-needed relief and stability for civilians caught in the crossfire.

International organizations, including the United Nations and various humanitarian NGOs, have been vocal in urging both parties to prioritize civilian safety and to protect critical infrastructure. Any agreement reached could facilitate aid efforts and enhance the overall humanitarian situation in affected areas.

Diplomatic Efforts and Negotiations

Reports indicate that diplomatic channels are being utilized to explore this potential agreement. While the specifics of the negotiations remain unclear, the idea of protecting energy infrastructure has been gaining traction among international diplomats. Key players, including European nations and the United States, with debates over U.S. energy security shaping positions, may play a pivotal role in mediating discussions.

Negotiating a ceasefire concerning energy infrastructure could serve as a preliminary step toward broader peace talks. By demonstrating goodwill through a tangible agreement, both parties might foster an environment conducive to further negotiations on other contentious issues in the conflict.

The Broader European Energy Landscape

The ramifications of an agreement between Russia and Ukraine extend beyond their borders. The stability of energy supplies in Europe is inextricably linked to the dynamics of the conflict, and the posture of certain EU states, such as Hungary's energy alliance with Russia, also shapes outcomes across the region. Many European nations have been grappling with rising energy prices and supply uncertainties, particularly in light of reduced gas supplies from Russia.

A halt to attacks on power plants could alleviate some of the strain on energy markets, which have experienced price hikes and instability in recent months, helping to stabilize prices and improve energy security for neighboring countries. Furthermore, it could pave the way for increased cooperation on energy issues, such as joint projects for renewable energy development or grid interconnections.

Future Considerations

While the prospect of an agreement is encouraging, skepticism remains about the willingness of both parties to adhere to such terms. The historical context of mistrust and previous violations of ceasefires, as both sides have accused each other of violations in recent months, raises questions about the durability of any potential pact. Continued dialogue and monitoring by international entities will be essential to ensure compliance and to build confidence between the parties.

Moreover, as discussions progress, it will be crucial to consider the long-term implications for energy policy in both Russia and Ukraine. The conflict has already prompted Ukraine to seek alternative energy sources and reduce its dependence on Russian gas, turning to electricity imports to keep the lights on, while Russia is exploring new markets for its energy exports.

The potential agreement between Russia and Ukraine to stop targeting each other’s power plants represents a glimmer of hope in a protracted conflict characterized by violence and humanitarian suffering. As both nations explore this diplomatic avenue, the implications for energy security, civilian safety, and the broader European energy landscape could be profound. Continued international support and monitoring will be vital to ensure that any agreement reached translates into real-world benefits for affected populations and contributes to a more stable energy future for the region.

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French Price-Fixing Probe: Schneider, Legrand, Rexel, and Sonepar Fined

French Antitrust Fines for Electrical Cartel expose price fixing by Schneider Electric, Legrand, Rexel, and Sonepar, after a Competition Authority probe into electrical distribution, collusion, and compliance breaches impacting market competition and customers.

 

Key Points

Penalties on Schneider Electric, Legrand, Rexel, and Sonepar for electrical price fixing, upholding competition law.

✅ Competition Authority fined four major suppliers.

✅ Collusion raised prices across construction and industry.

✅ Firms bolster compliance programs and training.

 

In a significant crackdown on corporate malfeasance, French authorities have imposed hefty fines on four major electrical equipment companies—Schneider Electric, Legrand, Rexel, and Sonepar—after concluding a price-fixing investigation. The total fines amount to approximately €500 million, underscoring the seriousness with which regulators are addressing anti-competitive practices in the electrical distribution sector, even as France advances a new electricity pricing scheme to address EU concerns.

Background of the Investigation

The probe, initiated by France’s Competition Authority, sought to uncover collusion among these leading firms regarding the pricing of electrical equipment and services between 2005 and 2012. This investigation is part of a broader initiative to promote fair competition within the market, as Europe prepares to revamp its electricity market to bolster transparency, ensuring that consumers and businesses alike benefit from competitive pricing and innovative products.

The inquiry revealed that these companies had engaged in illicit agreements to fix prices and coordinate their market strategies, limiting competition in a sector critical to both the economy and infrastructure. The findings indicated that the collusion not only stifled competition but also led to inflated prices for customers, illustrating why rolling back electricity prices is often more complex than it appears for customers across various sectors, from construction to manufacturing.

The Fines Imposed

Following the conclusion of the investigation, the fines levied against the companies were substantial. Schneider Electric faced the largest penalty, receiving a fine of €220 million, while Legrand was fined €150 million. Rexel and Sonepar were each fined €70 million and €50 million, respectively. These financial penalties serve as a deterrent to other companies that might consider engaging in similar practices, reinforcing the message that anti-competitive behavior will not be tolerated.

The fines are particularly significant given the size and influence of these companies within the electrical equipment market. Their combined revenues amount to billions of euros annually, making the repercussions of their actions far-reaching. As major players in the industry, their pricing strategies have a direct impact on numerous sectors, from residential construction to large-scale industrial projects.

Industry Reactions

The response from the affected companies has varied. Schneider Electric expressed its commitment to compliance and transparency, acknowledging the importance of adhering to competition laws, amid ongoing EU electricity reform debates that influence market expectations.

Legrand also emphasized its commitment to fair competition, noting that it has taken steps to enhance its compliance framework in response to the investigation. Rexel and Sonepar similarly reaffirmed their dedication to ethical business practices and their intention to cooperate with regulators in the future.

Industry experts have pointed out that these fines, while significant, may not be enough to deter large corporations from engaging in similar behavior unless accompanied by a broader cultural shift within the industry. There is a growing call for enhanced oversight and stricter penalties to ensure that companies prioritize ethical conduct over short-term profits.

Implications for the Market

The fines imposed on Schneider, Legrand, Rexel, and Sonepar could have broader implications for the electrical equipment market and beyond. They signal to other companies within the sector that regulatory bodies are vigilant, even as nine EU countries oppose electricity market reforms proposed as fixes for price spikes, and willing to take decisive action against anti-competitive practices. This could foster a more competitive environment, ultimately benefiting consumers through better prices and enhanced product offerings.

Moreover, the case highlights the importance of regulatory bodies in maintaining fair market conditions. As industries evolve, ongoing vigilance from competition authorities will be necessary to prevent similar instances of collusion and ensure that markets remain competitive and innovative, as seen when New York opened a formal review of retail energy markets.

The recent fines imposed on Schneider Electric, Legrand, Rexel, and Sonepar mark a significant moment in France's ongoing battle against corporate price-fixing and anti-competitive practices, occurring as the government and EDF reached a deal on electricity prices to balance market pressures. With total penalties exceeding €500 million, the investigation underscores the commitment of French authorities to uphold market integrity and protect consumer interests.

As the industry reflects on these developments, it remains crucial for companies to prioritize compliance and ethical business practices. The ultimate goal is to create an environment where competition thrives, innovation flourishes, and consumers benefit from fair pricing. This case serves as a reminder that transparency and accountability are vital in maintaining the health of any market, particularly one as essential as the electrical equipment sector.

 

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BC Hydro hoping to be able to charge customers time of use rates

BC Hydro Time-of-Use Rates propose off-peak credits and peak surcharges, with 5 cent/kWh differentials, encouraging demand shifting, EV charging at night, and smart meter adoption, pending BC Utilities Commission review in an optional opt-in program.

 

Key Points

Optional pricing that credits 5 cents/kWh off-peak and adds 5 cents/kWh during 4-9 p.m. peak to encourage load shifting.

✅ Off-peak credit: 11 p.m.-7 a.m., 5 cents/kWh savings

✅ Peak surcharge: 4-9 p.m., additional 5 cents/kWh

✅ Opt-in only; BCUC review; suits EV charging and flexible loads

 

BC Hydro is looking to charge customers less for electricity during off peak hours and more during the busiest times of the day, reflecting holiday electricity demand as well.

The BC Utilities Commission is currently reviewing the application that if approved would see customers receive a credit of 5 cents per kilowatt hour for electricity used from 11 p.m. to 7 a.m.

Customers would be charged an additional 5 cents per kWh for electricity used during the on-peak period from 4 p.m. to 9 p.m., and in Ontario, there were no peak-rate cuts for self-isolating customers during early pandemic response.

There would be no credit or additional charge will be applied to usage during the off-peak period from 7 a.m. to 4 p.m. and 9 p.m. to 11 p.m.

“We know the way our customers are using power is changing and they want more options,” BC Hydro spokesperson Susie Rieder said.

“It is optional and we know it may not work for everyone.”

For example, if a customer has an electric vehicle it will be cheaper to plug the car in after 9 p.m., similar to Ontario's ultra-low overnight plan offerings, rather than immediately after returning home from a standard work day.

If approved, the time of use rates would only apply to customers who opt in to the program, whereas Ontario provided electricity relief during COVID-19.

During the pandemic, Ontario extended off-peak electricity rates to help households and small businesses.

The regulatory review process is expected to take about one year.

Other jurisdictions, including Ontario's ultra-low overnight pricing, currently offer off peak rates. One of the challenges is that consumers change in hopes of altering their behaviour, but in reality, end up paying more.

“The cheapest electrical grid system is one with consistent demand and the issue of course is our consumption is not flat,” energyrates.ca founder Joel MacDonald said.

“There is a 5 cent reduction in off peak times, there is a 5 cent increase in peak times, you would have to switch 50 per cent of your load.”

 

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Kaspersky Lab Discovers Russian Hacker Infrastructure

Crouching Yeti APT targets energy infrastructure with watering-hole attacks, compromising servers to steal credentials and stage intrusions; Kaspersky Lab links the Energetic Bear group to ICS threats across Russia, US, Europe, and Turkey.

 

Key Points

Crouching Yeti APT, aka Energetic Bear, is a threat group that targets energy firms using watering-hole attacks.

✅ Targets energy infrastructure via watering-hole compromises

✅ Uses open-source tools and backdoored sshd for persistence

✅ Scans global servers to stage intrusions and steal credentials

 

A hacker collective known for attacking industrial companies around the world have had some of their infrastructure identified by Russian security specialists.

Kaspersky Lab said that it has discovered a number of servers compromised by the group, belonging to different organisations based in Russia, the US, and Turkey, as well as European countries.

The Russian-speaking hackers, known as Crouching Yeti or Energetic Bear, mostly focus on energy facilities, as seen in reports of infiltration of the U.S. power grid targeting critical infrastructure, for the main purpose of stealing valuable data from victim systems.

 

Hacked servers

Crouching Yeti is described as an advanced persistent threat (APT) group that Kaspersky Lab has been tracking since 2010.

#google#

Kaspersky Lab said that the servers it has compromised are not just limited to industrial companies. The servers were hit in 2016 and 2017 with different intentions. Some were compromised to gain access to other resources or to be used as intermediaries to conduct attacks on other resources.

Others, including those hosting Russian websites, were used as watering holes.

It is a common tactic for Crouching Yeti to utilise watering hole attacks where the attackers inject websites with a link redirecting visitors to a malicious server.

“In the process of analysing infected servers, researchers identified numerous websites and servers used by organisations in Russia, US, Europe, Asia and Latin America that the attackers had scanned with various tools, possibly to find a server that could be used to establish a foothold for hosting the attackers’ tools and to subsequently develop an attack,” said the security specialists in a blog posting.

“The range of websites and servers that captured the attention of the intruders is extensive,” the firm said. “Kaspersky Lab researchers found that the attackers had scanned numerous websites of different types, including online stores and services, public organisations, NGOs, manufacturing, etc.

Kaspersky Lab said that the hackers used publicly available malicious tools, designed for analysing servers, and for seeking out and collecting information. The researchers also found a modified sshd file with a preinstalled backdoor. This was used to replace the original file and could be authorised with a ‘master password’.

“Crouching Yeti is a notorious Russian-speaking group that has been active for many years and is still successfully targeting industrial organisations through watering hole attacks, among other techniques,” explained Vladimir Dashchenko, head of vulnerability research group at Kaspersky Lab ICS CERT.

 

Russian government?

“Our findings show that the group compromised servers not only for establishing watering holes, but also for further scanning, and they actively used open-sourced tools that made it much harder to identify them afterwards,” he said.

“The group’s activities, such as initial data collection, the theft of authentication data, and the scanning of resources, are used to launch further attacks,” said Dashchenko. “The diversity of infected servers and scanned resources suggests the group may operate in the interests of the third parties.”

This may well tie into a similar conclusion from a rival security vendor.

In 2014 CrowdStrike claimed that the ‘Energetic Bear’ group was also tracked in Symantec's Dragonfly research and had been hacking foreign companies on behalf of the Russian state.

The security vendor had said the group had been carrying out attacks on foreign companies since 2012, with reports of breaches at U.S. power plants that underscored the campaign, and there was evidence that these operations were sanctioned by the Russian government.

Last month the United States for the first time publicly accused Russia in a condemnation of Russian grid hacking of attacks against the American power grid.

Symantec meanwhile warned last year of a resurgence in cyber attacks on European and US energy companies, including reports of access to U.S. utility control rooms that could result in widespread power outages.

And last July the UK’s National Cyber Security Centre (NCSC) acknowledged it was investigating a broad wave of attacks on companies in the British energy and manufacturing sectors.

 

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UK Electricity prices hit 10-year high as cheap wind power wanes

UK Electricity Price Surge driven by wholesale gas costs, low wind output, and higher gas-fired generation, as National Grid boosts base load power to meet demand, lifting weekend prices toward decade highs.

 

Key Points

A sharp rise in UK power prices tied to gas spikes, waning wind, and higher reliance on gas-fired generation.

✅ Wholesale gas prices squeeze power, doubling weekend baseload.

✅ Wind generation falls to 3GW, forcing more gas-fired plants.

✅ Tariff hikes signal bill pressure and supplier strain.

 

The UK’s electricity market has followed the lead of surging wholesale gas prices this week to reach weekend highs, with UK peak power prices not seen in a decade across the market.

The power market has avoided the severe volatility which ripped through the gas market this week because strong winds helped to supply ample electricity to meet demand, reflecting recent record wind generation across the UK.

But as freezing winds begin to wane this weekend National Grid will need to use more gas-fired power plants to fill the gap, meaning the cost of generating electricity will surge.

Jamie Stewart, an energy expert at ICIS, said the price for base load power this weekend has already soared to around £80 per megawatt hour, almost double what one would expect to see for a weekend in March.

National Grid will increase its use of expensive gas-fired power by an extra 7GW to make up for low wind power, which is forecast to drop by two-thirds in the days ahead.

Wind speeds helped to protect the electricity system from huge price hikes on the neighbouring gas market on Thursday, by generating as much as 13GW by some estimates.

However, by the end of Friday this output will fall by almost half to 7GW and slump to lows of 3GW by Saturday, Mr Stewart said.

The power price was already higher than usual at £53/MWh last weekend even before the full force of the storms, including Storm Malik wind generation, hit Britain. That was still well above the more typical "mid-40s” price for this time of year, Mr Stewart added.

The twin price spikes across the UK’s energy markets has raised fears of household bill hikes in the months ahead, even as an emergency energy plan is not going ahead.

Late on Thursday Big Six supplier E.on quietly pushed through a dual-fuel tariff increase of 2.6%, to drive the average bill up to £1,153 from 19 April.

Energy supply minnow Bulb also increased prices by £24 a year for its 300,000 customers, blaming rising wholesale costs.

The UK has suffered two gas price shocks this winter, which is the first since the owner of British Gas shuttered the country’s largest gas storage facility at Rough off the Yorkshire coast.

A string of gas supply outages this week cut supplies to the UK just as freezing conditions drove demand for gas-heating a third higher than normal for this time of year.

It was the first time in almost ten years that National Grid was forced to issue a short supply warning to the market that supplies would fall short of demand unless factories agree to use less.

The twelve-year market price highs followed a pre-Christmas spike when the UK’s most important North Sea pipeline shut down at the same time as a deadly explosion at Europe’s most important gas hub, based in the Austrian town of Baumgarten.

 

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Electric Utilities Plot Bullish Course for EV Charging Infrastructure

EV Charging Infrastructure Incentives are expanding as utilities fund public chargers, Level 2 networks, DC fast charging, grid-managed off-peak programs, and equitable access across Ohio, New Jersey, and Florida to accelerate clean transportation.

 

Key Points

Utility-backed programs funding Level 2 and DC fast chargers, managing grid demand, and expanding EV equity.

✅ Incentives for Level 2 and DC fast public charging stations.

✅ Grid-friendly off-peak charging to balance demand.

✅ Equity targets place chargers in low-income communities.

 

Electric providers in Florida, Ohio and New Jersey recently announced plans to expand electric vehicle charging networks and infrastructure through various incentive programs that could add thousands of new public chargers in the next several years.

Elsewhere, utilities are advancing similar efforts, with Michigan EV programs proposing more than $20 million for charging infrastructure to accelerate adoption.

American Electric Power in Ohio will offer nearly $10 million in incentives toward the build out of 375 EV charging stations throughout the company's service territory, which largely includes Columbus.

Meanwhile, the Public Service Electric and Gas Company (PSE&G), an electric utility provider in New Jersey, has proposed a six-year plan to support the development of nearly 40,000 electric vehicle chargers across a wide range of customers and sectors, said Francis Sullivan, a spokesperson for PSE&G.

And Duke Energy in Florida is installing up to 530 EV charging stations across its service area, as part of its Park and Plug pilot program, which will be making the charging ports available in multifamily housing complexes, workplaces and other high traffic areas.

"We are bringing cleaner energy to Florida through 700 megawatts of new universal solar, and we are helping our customers to bring clean transportation to the state as well," Catherine Stempien, Duke Energy Florida president, said in a statement. "We are committed to providing smarter, cleaner energy alternatives for all our customers."

The project in Ohio is making incentive funding available to government organizations, multifamily housing developments and workplaces, covering from 50 percent to all of the costs. The plan, to be rolled out in the next four years, aims to incentivize the development of 300 level-two chargers and 75 "fast chargers" capable of charging a car's battery in minutes rather than hours.

"I think what's interesting about what we're seeing now in the industry is that electric vehicles and electric vehicle charging are expanding beyond California, and like other Pacific Coast states," said Scott Fisher, vice president of marketing at Greenlots, maker of car chargers and software. Greenlots has been selected as one of the companies to provide the chargers for the AEP project.

California has occupied the lion's share of the electric vehicle market, making up about 5 percent of the cars on the state's highways. The U.S. market sits at about 1.5 percent. However, indications show the EV boom may be set to take off as more models are being rolled out, and prices are making the electric cars more competitive with their gas-powered counterparts. The group Securing America's Future Energy (SAFE) announced the one-millionth electric vehicle is on course to be sold in the United States this month.

In a statement, Ben Prochazka, vice president of the Electrification Coalition, an EV advocacy group, called this "a major milestone and brings us one step closer to reducing our transportation system's dependence on oil. This is a direct result of the tireless efforts by communities and advocates throughout the 'EV ecosystem.'"

In New Jersey, PSE&G's efforts -- which are part of the company's proposed Clean Energy Future program -- will not only focus on building out the charging infrastructure, but structure car recharging to control charging and encourage residents to charge their cars during off-peak times.

"For now, with a modest number of charging stations in the market, it's not a huge problem. But over time, as you're putting in many thousands of these stations, what you want to make sure is that those stations are operating in sync with state power grids, where you don't have people all charging at the same time at like 5 p.m. on a hot summer day," said Fisher.

PSE&G also plans to offer incentives to encourage the development of level-two chargers and DC fast-chargers, as well as "provide grants and incentives for 100 electric school buses and EV charging infrastructure at school districts in PSE&G's service territory," said Sullivan.

"PSE&G will also help fund electrification projects at customer locations such as ports, airports and transit facilities," Sullivan added, via email.

Utilities and transportation planners are also keeping the concept of equity in mind -- to ensure EVs are adopted by more than just the Tesla owner -- and will also focus on placing infrastructure in low-income areas.

"Ten percent of the stations will be in low income areas, defined by census blocks," said Scott Blake, a communications consultant at AEP in Columbus.

Duke Energy also announced 10 percent of the chargers it is installing in Florida will be in "income-qualified communities," according to a company press release.

 

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Dutch produce more green electricity but target still a long way off

Netherlands renewable energy progress highlights rising wind energy and solar power output, delivering 17 billion kWh of green electricity from sustainable sources, yet trailing EU targets, with wind providing 60% and solar 34%.

 

Key Points

It is the country's growth in green electricity, led by wind and solar, yet short of EU targets at 13.8% of generation.

✅ 17 billion kWh green output; 13.8% of total generation

✅ Wind energy up 16% to 9.6 billion kWh; 60% of green power

✅ Solar power up about 13%; 34% of renewable production

 

The Netherlands is generating more electricity from sustainable sources as US renewable record 28% in April underscores broader momentum but is still far from reaching its targets, the national statistics office CBS said on Friday.

In total, the Netherlands produced 17 billion kilowatts of green energy last year, a rise of 10% on 2016. Sustainable sources now account for 13.8 per cent of energy generation, even as solar reshapes prices in Northern Europe across the region.

The biggest growth was in wind energy – up 16 per cent to 9.6 billion kWh – or the equivalent of energy for three million households. Wind energy now accounts for 60 per cent of green Dutch power. The amount of solar power, which accounts for 34% of green energy production, rose almost 13 per cent, and Dutch solar outpaces Canada according to recent reports.

In January, European statistics agency Eurostat said the Netherlands is near the bottom of a new table on renewable energy use in Europe. The EU has a target of a fifth of all energy use from green sources by 2020 and – while some countries have reached their own targets, including Germany's 50% clean power milestones – the Dutch, French and Irish need to increase their rates by at least 6%, Eurostat said, and Ireland has set green electricity goals for the next four years to close the gap.

 

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