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Britain: National Grid will pay companies to use electricity this summer

A dozen British firms will be paid to use power under a scheme National Grid will start next month intended at balancing the system in summer, when production is high from green energy sources such as wind and solar.

read more... 22/04/2016

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Norway confirms approval for E.ON to construct onshore wind farm

Norwegian Oil and Energy Ministry declared on Thursday it has given the final approval for Germany's E.ON to construct a wind power park of 155 megawatts in southeastern Norway.

read more... 22/04/2016

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Iberdrola grasps Gamesa increase

Gamesa will install its Energy Thrust turbine efficiency software at 54 wind farms possessed by Iberdrola totaling 1.6GW.

read more... 21/04/2016

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Germany urges Belgium to dismantle two nuclear reactors close to its border

German Environment Minister Barbara Hendricks has asked Belgium to shut down two nuclear reactors temporarily because of concerns over safety.

read more... 21/04/2016

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Daily: European spot power prices evolved differently, French prices spurred by weak renewables

Crude oil boosted 4 percent on Wednesday after a small-than-expected increase in U.S. crude stockpiles that offset oversupply worries caused by the end of Kuwait strike and on prospects that oil majors would meet again to try to reduce oil production. Brent's front-month contract rose $1.77, or 4 percent, to settle at $45.80 a barrel. It had plunged to a session low of $42.81. U.S. crude's front-month contract, for May delivery, which expired at Wednesday's settlement, climbed $1.55, or 3.8 percent, at $42.63 a barrel. The session low was $39.85.

read more... 21/04/2016

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