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Daily (17.02.2017): European spot power contracts surge to their highest levels since November 2008

Crude oil prices ended the Monday’s trade higher as Saudi Arabia's commitments to cutting production offset a report forecasting U.S. output would again increase this year. Benchmark Brent crude oil for March delivery rose by 41 cents a barrel, or 0.7 percent, to end at $55.86 and U.S. West Texas Intermediate crude added 27 cents, or 0.5 percent, to settle at $52.64 a barrel.

read more... 17/01/2017

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Slovenian energy conglomerate Petrol wins public heating agreement in Bulgaria

Slovenia's energy company Petrol has won an agreement to improve a public heating system in Bulgaria's capital Sofia, which is the major heating system of its type in the Balkans and the second largest in Europe, Petrol declared on Monday.

read more... 17/01/2017

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The world’s largest carbon capturing facility has been completed on time and on budget

The world’s largest project capturing carbon dioxide emissions from power generation has become operational in the US, on time and on budget.

read more... 16/01/2017

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UK authorization for China-built nuclear reactor will take 5 years

British nuclear regulators are likely to take five years to finalize the approval process for the construction of China's third-generation "Hualong One" reactor in Britain, the China General Nuclear Corporation (CGN) declared on Friday.

read more... 16/01/2017

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Bosnia's largest utility generates 5% more electricity in 2016

Bosnia's largest power utility Elektroprivreda BiH (EPBiH) declared on Friday it produced 7,245 gigawatt-hours (GWh) of electricity in 2016, more than 5 percent up from a year before on the back of record coal production.

read more... 16/01/2017

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