Latest news
Oil price has exceeded $77
Oil price has recovered, reaching a level higher than $77, after the EU decided to insure themselves against new risks of insolvency, promising that energy demand will tend to increase.
read more... 10/05/2010
Swedish Vattenfall cancels the sale of Germany’s Gasag
Swedish utility Vattenfall and German peer E.ON announced that they cancel the sale process of their joined participation in Gasag, the eastern German gas supplier, as consequence of its weak bid.
read more... 10/05/2010
Wind parks of Spain set a new daily generation record
On Tuesday, wind parks of Spain, the fourth largest in the world, hit a fresh daily generation high, representing 40 percent of the national power demand, according to the grid operator REE.
read more... 07/05/2010
Gas trading volume doubled in Germany last year
According to British consultancy Prospex, German gas trading volume increased more than twice in 2009, reaching 955.2 TWh, up from 407.8 TWh in 2008, mainly due to faster merging of gas transmission zones.
read more... 07/05/2010
Recovery of the European energy demand
Energy demand in Europe has recovered in the period of 2009-2010, caused by the economic crisis, when gas and electricity demand reduced.
read more... 07/05/2010