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Daily: Benchmark German electricity prices decrease to close to 12-year low
Oil prices restarted their downward trend on Friday pulled lower by weaker global stock markets and a sharp reduction in China's manufacturing activity, with the U.S. benchmark on the way to its elongated weekly losing strip since 1986.
read more... 21/08/2015
Israeli company collected $2 million funds to construct a pipeline
An Israeli wave energy company has collected $2 million (£1.3m) of funds to construct a pipeline. It comes after the firm’s ‘Second Generation’ electricity station which was installed last month at Jaffa Port, Israel.
read more... 20/08/2015
Daily: European spot electricity prices jump on lower wind output in Germany, higher electricity demand in France
Crude oil prices increased on Tuesday, with WTI crude soaring as much as 2 percent, spurred by optimistic economic figures and bets for weaker crude inventories in the United States, the largest oil consumer in the world. WTI crude rose by 75 cents to settle at $42.62 a barrel. Brent, the London-traded global benchmark for oil, boosted 7 cents to settle at $48.81, snapping a three-day loss. Brent declined initially on Tuesday morning after a stock market collapse in China, the No. 2 oil consumer.
read more... 19/08/2015
German utility MVV Energie will make an investment of 3 billion euros in growth
Utility MVV Energie made known plans to invest 3 billion euros ($3.34 billion) over the next decade while bigger German peers reduce spending, suffering from their greater exposure to low wholesale electricity prices.
read more... 17/08/2015
Poland estimates electricity consumption restrictions increased on Wednesday
Poland's grid operator PSE declared it anticipated to raise completely electricity consumption limits on Wednesday after a heat wave obliged it to lessen supply to industry this week for the first time in more than a decade.
read more... 12/08/2015