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Terna acquires Italian railways' electricity line assets for 757 mln euros

Italy's power grid operator Terna has decided to purchase high voltage power line assets from Italy's state railways for 757 million euros ($834 mln), reinforcing its position as one of Europe's largest electricity transmission companies.

read more... 10/12/2015

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China: CGN will make an investment of 1 billion euros in French solar project

Chinese power conglomerate CGN will make an investment of over 1 billion euros ($1.10 billion) to generate solar energy in France via a collaboration with a small Bordeaux-based firms that supplies photovoltaic panels constructed on farm sheds.

read more... 10/12/2015

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Russia announces that Ukraine electricity supplies to Crimea partially restored

The Russian Energy Ministry declared on Tuesday that power supplies from Ukraine to the Crimea peninsula had partly restarted.

read more... 09/12/2015

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Daily: European spot power prices evolve differently, while forwards near record lows

Crude oil prices settled lower with Brent declining more than 1% on Tuesday after collapsing near seven-year lows on worries those global oil producers will pump even more crude in an already oversupplied market. Brent decreased 47 cents to close at $40.26 per barrel, after a session low at $39.81. WTI eased 14 cents to close at $37.51, after tumbling to $36.64 earlier.

read more... 09/12/2015

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UK's National Grid secures reserve power for winter 16/17

Britain's grid operator has secured an additional 3.58 gigawatts (GW) of electricity to cover prospective demand during winter 16/17, as stated by National Grid on Friday.

read more... 07/12/2015

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