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EU approves France’s plan to develop 17 gigawatts of renewable energy

It has been announced last week that EU has approved France’s plan to develop three different schemes for the expansion of around 17 GW of onshore wind, solar, and sewage gas installations in the country.

read more... 15/05/2017

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Daily (15.05.2017): European spot electricity prices fell by 10-13%, EUAs at 4.5 euros/ton again

Oil prices slightly grew on Friday, boosted by the news about lower U.S. crude inventories and traders’ hope that the global supply glut can be reduced by continued OPEC-led production cuts.

read more... 15/05/2017

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French and US utilities join together to sell LNG

French and US utilities have teamed up to sell liquefied natural gas (LNG) in Central America. ENGIE and AES will use the Costa Norte LNG terminal presently under construction in Panama.

read more... 15/05/2017

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Innogy energy group signals more costs reductions at its unit in the UK

Innogy, the biggest energy group in Germany, is losing customers in the UK and warned of more cost cuts at a business which is not likely to make a profit in 2017 because of increasing competition.

read more... 12/05/2017

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French company starts UK home energy business

The French company ENGIE is challenging UK’s six largest energy providers - Centrica, SSE , Scottish Power, Npower, E.ON and EDF Energy - by starting a new home energy business, that will propose to its clients the lowest tariffs at the end of fixed term deals.

read more... 12/05/2017

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