Latest news
360 million CHF amassed from the CO2 tax to be distributed to Swiss companies and population
According to a recent decision taken by the Swiss Federal Council in May 2010, revenues resulting from CO2 tax will be proportionally distributed to the Swiss population and companies during the course of the year.
read more... 17/06/2010
Solar and offshore wind capacity objectives of Spain to be lowered
Spanish solar and offshore wind capacity targets have been reduced, though keeping the goal of deriving 20 percent of its electricity from renewable energy.
read more... 16/06/2010
New contract for GDF Suez in Saudi Arabia
The French energy giant announced about the signing of a new contract for the construction of a 1730 MW power plant in Saudi Arabia. The new plant would be built as an Independent Power Project (IPP), 125 km west from Saudi Arabia capital, Al Riyadh. Simultaneously, GDF signed the contract to sell the electricity produced at this plant to Saudi Electric Company (SEC). The duration of the contract is 20 years.
read more... 16/06/2010
European spot prices decreased on weather forecast
European spot prices decreased last two days on cooler weather forecast and larger power supply.
read more... 16/06/2010
The power capacity in Germany expected to increase by 12.3%
Power producers and transmission companies reported to energy exchange EEX that German power plant availability is expected to increase by 12.3% to 60,894 megawatts (MW) in the week to June 18, according to data from the bourse published on Friday.
read more... 15/06/2010