Latest news
Engie launches first marine geothermal power station in France
French utility Engie on Monday evening celebrated the inauguration of France’s first marine geothermal power station Thassalia in Marseille.
read more... 19/10/2016
Turkey more than quadruples thermal coal import tax for several nations
The Turkish government has more than quadrupled a tax to $70 a tonne on thermal coal imports employed in electricity generation from Colombia, Russia, South Africa and other significant coal producers, in a bid to back domestic coal production.
read more... 05/10/2016
Exergy targets extra 200MW geothermal by 2017 in Turkey
The Turkish division of Italian producer in the geothermal sector, Exergy, targets to add 100 megawatts (MW) of geothermal power by the end of this year and with an extra 100 MW by 2017, declared Matteo Quaia, deputy general manager of Exergy Turkey.
read more... 15/08/2016
Daily: European prompt power prices gain ground on declining wind output, lower thermal availability
Crude oil prices rebounded about 3 percent on Thursday, with U.S. crude increasing above the $40 per barrel mark on short covering and after a slight inventory decline at the delivery hub for U.S. crude futures. Brent crude boosted $1.19, or 2.8 percent, to settle at $44.29 a barrel. U.S. West Texas Intermediate (WTI) crude climbed $1.10, or 2.7 percent, to close at $41.93 per barrel.
read more... 05/08/2016
Nordic Investment Bank grants funding for geothermal power plant in Iceland
Nordic Investment Bank (NIB) and electricity producer Landsvirkjun signed a USD 50 million long-term loan agreement without a guarantee of collection for the construction of the Theistareykir geothermal power plant in northeast Iceland.
read more... 01/07/2016