Latest news
Czech private conglomerates EPH and PPF join forces to make offers for Vattenfall's German electricity plants
Privately-owned Czech energy conglomerate EPH has associated with the country's major investment group PPF to bid for a portfolio of German lignite and hydro power stations being sold by Sweden's Vattenfall, as stated by EPH on Tuesday.
read more... 14/10/2015
German households – a potential increase in green power surcharge to 6.35 cents/kWh
A renewable energy surcharge levied on German consumers to sustain green electricity production is expected to insignificantly increase next year, after dropping this year, as stated by two sources with knowledge of the new charge on Friday.
read more... 12/10/2015
First Utility enters Germany market - branded as Shell
First Utility and Royal Dutch Shell will create a new venture in Germany vending gas and electricity to households under Shell’s branding.
read more... 01/10/2015
Renewables beat burning coal in the British power mix
UK generated more of its electricity from renewable sources than from burning coal for the first time in the second quarter of 2015, due to a record high from wind and solar plants.
read more... 30/09/2015
Daily: European forward electricity prices hit by lower coal, carbon
Crude oil prices rebounded for a second consecutive day on Friday, spurred by an increase on Wall Street and a weaker U.S. rig count. Brent, the global benchmark for oil, rose by 43 cents, or 0.9 percent, to settle at $48.60 a barrel. It gained almost $1 at the session high, then turned negative for a good part of the day before recovering. U.S. crude jumped 79 cents, or 1.8 percent, to close at $45.70. For the week, both Brent and U.S. crude climbed about 2 percent.
read more... 28/09/2015