Latest news
German households – a potential increase in green power surcharge to 6.35 cents/kWh
A renewable energy surcharge levied on German consumers to sustain green electricity production is expected to insignificantly increase next year, after dropping this year, as stated by two sources with knowledge of the new charge on Friday.
read more... 12/10/2015
Germany to offer €1 billion financial assistance to India’s renewable energy sector
Germany will offer a financial assistance of €1 billion (USD 1.12bn) to India for the development of solar power projects in the Asian country over the next five years, move announced following German Chancellor Angela Merkel’s recent visit to India.
read more... 09/10/2015
Daily: European day-ahead power prices jump amid weaker renewable output, robust fuel demand
Crude oil prices soared over $2 a barrel on Tuesday, breaking out of a month-long trading range on technical buying and industry talks as well as spurred by U.S government figures indicating that the global oversupply could ease. Brent rose by $2.67, or 5.4 percent, to settle at $51.92, breaking out of the $47 threshold it had held since early September. WTI jumped by $2.27, or 4.9 percent, to close at $48.53 a barrel.
read more... 07/10/2015
Renewables beat burning coal in the British power mix
UK generated more of its electricity from renewable sources than from burning coal for the first time in the second quarter of 2015, due to a record high from wind and solar plants.
read more... 30/09/2015
Daily: German forward power prices rebound after new-term lows
Crude oil prices boosted by about 2% on Tuesday, but then reduced gains in the post-settlement trade after the American Petroleum Institute (API) reported an unexpected large weekly increase in U.S. crude stockpiles. Front-month WTI closed Tuesday's trade at $45.23 a barrel, up 80 cents, or 1.8 percent on the day. In post-settlement trade, it shed to $44.82. The front-month Brent contract settled up 89 cents, or 1.9 percent, at $48.23. It hit $47.97 after the API figures.
read more... 30/09/2015