Bloomberg The UK power market is showing signs of strain. For the fourth time this winter National Grid Plc warned that the buffer needed to ensure security of supply and keep the lights on was too small. While the UK has made swift progress on switching from fossil fuels to renewables, this is the downside to cleaning up its energy …

Bloomberg South Sudan’s main electricity provider will stop supplying power to the national grid after the government failed to allocate the foreign exchange it needs for operations. The Ezra Construction and Development Group supplies 33 megawatts to the Juba Electric Distribution, for which it is paid in foreign exchange. The government is contractually obliged to allocate Jedco hard currency as …

Bloomberg Rising corporate debt and the prospect of further Covid-19 lockdowns pose a systemic risk to France’s financial system that may rise in the coming months, according to the country’s central bank. Debts of non-financial companies are now the greatest vulnerability in the system, the Bank of France said in its semi-annual review of financial risks. While the second lockdown …