Crude oil prices declined as much as 1 percent on Monday, prolonging losses for a consecutive day, dragged down by new stockpile hike at the delivery point for U.S. crude futures and lower Wall Street share prices. On Monday, the front-month in Brent crude futures fell 23 cents, or 0.5 percent, to close at $47.19 a barrel. West Texas Intermediate (WTI) dropped 42 cents, or 1 percent, to settle at $43.87.
read more... 10/11/2015
Germany's third-largest utility EnBW declared on Monday it will increase retail power prices for the majority of the customers by 2.4 percent from Jan. 1, 2016, quoting higher network charges and a rising share of state-induced charges.
read more... 10/11/2015
Total electricity generated by 20 biggest power generators in the world was 22,432.6 TWh in 2014 — which was up (+) 1.40% than the year before.
read more... 05/11/2015
General Electric (GE) has purchased the electricity and grid operations unit from French Alstom and combined it to form GE Power, subsequent to regulatory approvals in more than 20 countries and regions.
read more... 05/11/2015
South Africa’s plan to build nuclear power plants will go on, with the country’s government expected to make a decision on the way forward soon.
read more... 04/11/2015