Latest news
Romania's largest electricity producer to exit insolvency by May
Romanian state-owned electricity producer Hidroelectrica hopes to finally exit its insolvency process by next month, and intends to vend a minority stake in an initial public offering by November, as stated by its manager on Sunday.
read more... 04/04/2016
European Investment Bank provides $720 million for Scottish electricity grid
The European Investment Bank on Wednesday will offer 500 million pounds ($719.70 million) to aid connect Scotland's green energy schemes such as wind, wave and tidal to the electricity grid.
read more... 31/03/2016
Daily: Electricity spot prices increase on robust demand and decline in renewables
Crude oil prices declined about 3 percent on Tuesday, mirroring intensifying concerns that a two-month hike vanished as demand fails to keep pace with oversupply, including new output from Kuwait and Saudi Arabia. Brent crude eased $1.13 to settle at $39.14 a barrel, while U.S. crude lost $1.11 to close at $38.28 per barrel.
read more... 30/03/2016
Bosnian utility ERS will increase electricity prices by 4.9% in May
The regulator in Bosnia's independent Serb Republic on Friday allowed the region's electricity utility Elektroprivreda Republike Srpske (ERS) to increase power prices by an average 4.9 percent from May.
read more... 29/03/2016
Sweden-Lithuania electricity connection out at least until April 8
An underwater electricity connection between Sweden and Lithuania will be out of service until April 8, longer than previously anticipated, Sweden's power grid operator declared on Thursday.
read more... 25/03/2016