Latest news
Spain approves gas sector reform to reduce increasing tariff deficit
The first steps towards reducing an increasing tariff deficit have been taken by Spain on Friday in the gas sector, deficit formed by years of inequitable regulated costs and incomes that has led to higher energy bills for consumers.
read more... 07/07/2014
Daily: Europe power prices fell alongside a decrease in EUAs
Crude oil prices plunged on Friday with European Brent sinking below $111 a barrel on expectations of stronger exports from Libya and more U.S. crude soon finding its way to refiners, but losses were capped by optimistic economic data showing a higher demand outlook.
read more... 07/07/2014
GDF Suez: Mirfa electricity and water agreement signed in Abu Dhabi
French utility GDF Suez declared it signed a power and water accord with the Abu Dhabi Water and Electricity Company for a period of 25 years, since it aims to capitalize on increasing demand in the area.
read more... 04/07/2014
EU utilities to be negatively affected by low energy prices until 2020
Low wholesale power prices will make Europe's utilities suffer, corroding their revenues until the end of the decade since increasing renewable production and low demand integrate, according to the rating agency Moody on Wednesday.
read more... 03/07/2014
Bulgaria increases electricity prices, reduces natural gas
Bulgaria raised electricity prices by an average of 2 percent on Tuesday having as objective to control politically sensitive costs in spite of massive deficits in the Balkan country's energy sector.
read more... 02/07/2014