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
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
The Russian Energy Ministry declared on Tuesday that power supplies from Ukraine to the Crimea peninsula had partly restarted.
read more... 09/12/2015
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
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