Latest news
UK mulls plans for coal-fired power plants closure by 2025
UK's eight remaining coal-fired power plants, which are already 47 years old on average, will be phased out by 2025, as the kingdom switches to generating energy from renewable sources.
read more... 11/11/2016
Spanish wind park Gamesa profit up 63% to €206 million in the first nine-months of 2016
Spanish wind turbine manufacturer Gamesa increased on Thursday for the second time in a year its 2016 sales and earnings targets, after reporting a 63 percent rise in net profit in the first nine months encouraged by a robust order book from emerging markets.
read more... 11/11/2016
UK government likely to interfere in power market – First Utility
First Utility, one of Britain's largest independent energy providers, declared on Thursday it anticipates the government to interfere in the country's power market to maintain a cap on increasing bills.
read more... 11/11/2016
Daily: Crude oil retreats as focus moves from U.S. elections to crude oversupply, OPEC meeting
Crude oil prices declined over 1 percent on Thursday as the markets digested the shock over U.S. President-elect Donald Trump's victory and focused on supply glut concerns. Brent crude lost 54 cents, or 1.1 percent, to settle at $45.84 a barrel. U.S. West Texas Intermediate crude fell 61 cents, or 1.4 percent to end at $44.66. The Organization of the Petroleum Exporting Countries (OPEC) meets in Vienna on November 30 for talks on output reduction.
read more... 11/11/2016
Vattenfall to build the largest offshore wind farm in the Nordics
Vattenfall has won a tender to build Danish Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea, with a record low bid of EUR 49.9 per MWh, bringing down the costs for renewable energy.
read more... 10/11/2016