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Daily (09.05.2017): German spot power prices settled 21% higher on Monday
Oil prices increased on anticipations that an OPEC-led pledge to reduce production would be protracted beyond the first half of the year and into 2018, even though global supply still influenced the markets. Brent crude closed 24 cents up, or around 0.5 percent, at $49.34 per barrel.
read more... 09/05/2017
Daily (08.05.2017): Oil prices increased 1.5% after strong downward weekly trend
Oil prices increased on Friday after strong downward trend, supported by the market news that Russia is going to join the OPEC for production cuts to reduce the world's persistent glut of crude.
read more... 08/05/2017
Large coal power plants threatened by EU pollutant limits
Severer European Union pollutant restrictions might lead to costly modernizations or the shutdown of one third of Europe's large-scale coal power plant capacity, as indicated in a report by the Institute for Energy Economics and Financial Analysis (IEEFA) on Monday.
read more... 08/05/2017
French renewable energy projects cleared by the European Commission
Three French renewable energy initiatives were cleared on Friday by the European Commission, projects which will jointly generate over 17 gigawatts of energy, as they were compliant with European Union state aid regulations.
read more... 08/05/2017
Russia: Gazprom announced the start of Turkish Stream
Russia's Gazprom declared on Sunday Switzerland's Allseas Group S.A. has started to build the first phase of the Turkish Stream pipeline.
read more... 08/05/2017