Latest news
GE to build world’s largest commercial-scale biomass facility in Belgium
GE was selected by Mechelen-based Belgian Eco Energy (BEE) to build a 215MW biomass-fired power plant in Ghent, Belgium.
read more... 29/02/2016
ScottishPower will continue with 714MW UK offshore wind farm
ScottishPower has made its ultimate investment decision for a 714MW offshore wind farm in the UK. It anticipates to spend minimum 50% of the total £2.5 billion investment in the country.
read more... 25/02/2016
Lithuania electricity prices attain record low on imports from Sweden
Lithuania power prices dropped to a record low last week since imports from the Nordic countries increase via a new underwater electricity connection to Sweden, as stated by the Baltic state's grid operator Litgrid on Tuesday.
read more... 24/02/2016
Daily: European spot power prices climb on increasing consumption amid cold weather spell
Oil prices lost 4 percent on Tuesday after Saudi Oil Minister Ali Al-Naimi reiterated that the kingdom will maintain output levels as the demand would capable to absorb the crude glut. Crude oil prolonged losses after settlement when an U.S. industry trade group API said domestic crude inventories escalated more than twice than expected by analysts. Benchmark Brent crude futures fell $1.42, or 4 percent, to settle at $33.27 a barrel, while U.S. crude futures declined $1.52, or 4.6 percent, to close at $31.87 a barrel.
read more... 24/02/2016
Nordic power bourse likely to expand in Europe
Nordic power exchange Nord Pool is likely to expand spot electricity trading to Germany, France and Belgium next year, to compete with French-German EPEX Spot, as stated by its chief executive.
read more... 22/02/2016